Lessons in Liabilities and Asserts !

Lessons in Liabilities and Asserts !

It's a great day to share my finanical ventures today ! After my last post , I had to write this post .

Yesterday I wrote how the limited mind set can keep expanding . It's up to you where you want to go .

I realised very soon that there are no limits to our growth in any thing here on planet Earth ! 

We all have unlimited potential yet are trapped by views or opinions of others who limit us !

Once you understand that reality and truth , you are now free to fly !

I saw my thinking around simply buying cars ! From unable to buy a car to being able to buy any car without a blink of an eye ! How did that happen ! Just read my last post or I will simply explain again . 

It's taking baby steps and expanding the possibilites and potential within ! From unable to than  being able to buy a car over a phone valued at nearly ringgit 200,000.00 ! That too about 25 years ago !

Now begins my journey towards being wise and mature in matters of money . It's a long winding journey.

My expensive dream car was fun and enjoyable to have and drive . It was a pride and ego booster at most . When I decided to sell it in less than 3 years , I was shocked and surprised to know that I could not get anyone to buy it from me for even Ringgit 120,000.00 ! Anyway I sold it before it lost more value . That was and is a good lesson for me about something known as labilities ! Some things just go down in value and yet somethings go up in value !!

How or why does that happen ? 

I learnt further lessons in the great and mysterious science or art of economy .

There is law in economies that explains that there is a demand and supply law .

If people want something , than the value goes up . Otherwise it goes down !

So, labilities are when there is less or no demand of things . Prices go down . It's that simple .

If people want something , prices go up and it becomes an assert . That's it .

I sold my car and have never gone to buying anything that expensive again .

I have a car that I bought in 1999 and than too, it was 2 years old !

A car 16 years old must be really old or perhaps becoming a vintage !

My car is wonderfully good and looks good too !

My secret is simple . A car is just parts of metal and other stuff . I have learnt to refubish my car in parts . Every 3 years I will respray my car with a new paintwork . Every few years I will change my front lights and panels to the latest model . Interior of the car is also regularly upgraded. Good leather sitting and improved sound system too . My engine is always maintained perfectly by an expert.

So, I have an amazing car that runs like a cheetah ! Smooth as silk ! Shines like today !

The present value is shocking ! Market value is less than Ringgit 12.000.00 ! Am I worried ? Concerned ? Not at all ! 

Do I need to boost my ego ? Never . My aging body or let me be kind to my own body is going fine at 65 years plus ! It's the inner glow that shines now !

Having said about the concept of labitities , there is a value only you will know that defers all such laws of economy . Your pleasure and love of what ever you have is priceless ! 

Liabilities are for man-made laws . We Humans have laws that are infinitely priceless ! 

How do we price peace, happiness , joy and love ?

We are busy chasing GDP when a tiny country called Bhutan is practicing GHP ! They pracitce Gross Happiness Product or whatever !! What a joy to know a small kingdom in the Himalayas is ahead of the rest of the smart world ! God bless them .

Good bye for now . Till we meet again, take care and yes, please be happy !