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Post by aztec70 on Oct 7, 2012 11:17:28 GMT -8
You do not know the difference between equity and debt. I just showed you the difference above. I am sorry that you can't even speak in banking or investment terms. I am sorry you are so ill educated. I got a fine education at SDSU. What happened to you.
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Post by aztec70 on Oct 7, 2012 11:18:30 GMT -8
Stu, the bank did not invest in my business. They made a personal loan to me. There is a huge difference between equity and debt. It is an investment with the expectation of a ROI of p&i and a risk of default. Sent from my DROID RAZR using proboards You don't understand the difference between equity and debt.
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Post by 78aztec82 on Oct 7, 2012 12:23:31 GMT -8
It is an investment with the expectation of a ROI of p&i and a risk of default. Sent from my DROID RAZR using proboards You don't understand the difference between equity and debt. I do, no need to patronize, this is a collegial discussion. Investments have many forms. Sent from my DROID RAZR using proboards
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Post by aztecwin on Oct 7, 2012 12:29:19 GMT -8
I just showed you the difference above. I am sorry that you can't even speak in banking or investment terms. I am sorry you are so ill educated. I got a fine education at SDSU. What happened to you. Not much of that fine education must have stuck! You can't even speak in common business, banking, or investment language.
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Post by aztec70 on Oct 7, 2012 13:56:22 GMT -8
You don't understand the difference between equity and debt. I do, no need to patronize, this is a collegial discussion. Investments have many forms. Sent from my DROID RAZR using proboards Please define them.
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Post by aztec70 on Oct 7, 2012 13:57:13 GMT -8
I am sorry you are so ill educated. I got a fine education at SDSU. What happened to you. Not much of that fine education must have stuck! You can't even speak in common business, banking, or investment language. Compare and contrast equity and debt.
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Post by 78aztec82 on Oct 7, 2012 14:35:35 GMT -8
I do, no need to patronize, this is a collegial discussion. Investments have many forms. Sent from my DROID RAZR using proboards Please define them. Ed, you are being argumentative and choose to use a narrow tax-law definition of "investment." I choose to use a broader definition and believe a bank is investing when they loan you money. I certainly would look at them as a partner that is taking a chance and risk by supporting me and providing me with the capital I need to start. So they aren't investing nor taking a share in the equity, who cares. They will certainly reach in and take it if you default. Looking in one dictionary, it seems as though the definition is broad; "the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value." Fits my broad interpretation.
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Post by aztec70 on Oct 7, 2012 15:06:40 GMT -8
Ed, you are being argumentative and choose to use a narrow tax-law definition of "investment." I choose to use a broader definition and believe a bank is investing when they loan you money. I certainly would look at them as a partner that is taking a chance and risk by supporting me and providing me with the capital I need to start. So they aren't investing nor taking a share in the equity, who cares. They will certainly reach in and take it if you default. Looking in one dictionary, it seems as though the definition is broad; "the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value." Fits my broad interpretation. Here is the difference you are not recognizing. If someone invests in a business and the business fails the investor has lost his money, end of story. If someone lends someone else money for a business, and the business fails, the lender is still owed their money. Huge difference.
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Post by 78aztec82 on Oct 7, 2012 15:19:59 GMT -8
Ed, you are being argumentative and choose to use a narrow tax-law definition of "investment." I choose to use a broader definition and believe a bank is investing when they loan you money. I certainly would look at them as a partner that is taking a chance and risk by supporting me and providing me with the capital I need to start. So they aren't investing nor taking a share in the equity, who cares. They will certainly reach in and take it if you default. Looking in one dictionary, it seems as though the definition is broad; "the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value." Fits my broad interpretation. Here is the difference you are not recognizing. If someone invests in a business and the business fails the investor has lost his money, end of story. If someone lends someone else money for a business, and the business fails, the lender is still owed their money. Huge difference. Never heard of an LLC or ch. 11? The bank could certainly lose, especially if the business has no real capital other than say, intellectual. Sure, some loans are secured, not all. Again, you are adding a narrow definition, it certainly isn't a complete one. I've said my piece, good day. Sent from my DROID RAZR using proboards
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Post by aztec70 on Oct 7, 2012 16:58:37 GMT -8
Here is the difference you are not recognizing. If someone invests in a business and the business fails the investor has lost his money, end of story. If someone lends someone else money for a business, and the business fails, the lender is still owed their money. Huge difference. Never heard of an LLC or ch. 11? The bank could certainly lose, especially if the business has no real capital other than say, intellectual. Sure, some loans are secured, not all. Again, you are adding a narrow definition, it certainly isn't a complete one. I've said my piece, good day. Sent from my DROID RAZR using proboards Stu, you are being argumentative and patronizing. Certainly not very collegial.
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Post by aztecwin on Oct 7, 2012 19:43:16 GMT -8
Not much of that fine education must have stuck! You can't even speak in common business, banking, or investment language. Compare and contrast equity and debt. Sorry, no cigar!
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Post by aztecwin on Oct 7, 2012 19:53:32 GMT -8
Here is the difference you are not recognizing. If someone invests in a business and the business fails the investor has lost his money, end of story. If someone lends someone else money for a business, and the business fails, the lender is still owed their money. Huge difference. Never heard of an LLC or ch. 11? The bank could certainly lose, especially if the business has no real capital other than say, intellectual. Sure, some loans are secured, not all. Again, you are adding a narrow definition, it certainly isn't a complete one. I've said my piece, good day. Sent from my DROID RAZR using proboards Just what is the collateral in that kind of business? A computer and a couple desks. Lots of unknowns here. In a business like this, the bank would surely want personal assets as collateral and maybe more. Anyway, my point is that 70 seems a little naive about business, banking and investment issues. I would not expect him to reveal the details of how his business was organized, but he should at least fess up that he is not very knowledgeable about these things.
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Post by aztec70 on Oct 8, 2012 5:42:45 GMT -8
Compare and contrast equity and debt. Sorry, no cigar! Open book, give it try.
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Post by aztec70 on Oct 8, 2012 5:51:58 GMT -8
Never heard of an LLC or ch. 11? The bank could certainly lose, especially if the business has no real capital other than say, intellectual. Sure, some loans are secured, not all. Again, you are adding a narrow definition, it certainly isn't a complete one. I've said my piece, good day. Sent from my DROID RAZR using proboards Just what is the collateral in that kind of business? A computer and a couple desks. Lots of unknowns here. In a business like this, the bank would surely want personal assets as collateral and maybe more. Anyway, my point is that 70 seems a little naive about business, banking and investment issues. I would not expect him to reveal the details of how his business was organized, but he should at least fess up that he is not very knowledgeable about these things. It seems I know more than you. Of course, you knew enough to get out business and scurry into civil service. Working for yourself is profoundly different than being government employee.
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Post by aztecwin on Oct 8, 2012 10:08:17 GMT -8
Just what is the collateral in that kind of business? A computer and a couple desks. Lots of unknowns here. In a business like this, the bank would surely want personal assets as collateral and maybe more. Anyway, my point is that 70 seems a little naive about business, banking and investment issues. I would not expect him to reveal the details of how his business was organized, but he should at least fess up that he is not very knowledgeable about these things. It seems I know more than you. Of course, you knew enough to get out business and scurry into civil service. Working for yourself is profoundly different than being government employee. Were you really knowledgeable about business, banking, and investment we would all recognize it. Your posts expose your limited knowledge. I did "scurry" out of business when I saw the opportunity to sell at a nice profit.
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