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Image sizes: 256x256, 48x48, 32x32, 24x24, 16x16 File formats: BMP, GIF, PNG, ICO ![]() ![]() ![]() ![]() Tags: web print icon, devastate icon, icon 20forty, beach love icons, dead iconsThe facts against opinionMany people think that book keeping is factual, and and sometimes so it and is. But accounting is based in a greater degree on opinions, instead of on the facts. That who read other my books or listened to my audio records, I promised profound consideration of to what the rich daddy learnt me. And here has come it is time to dive more deeply. And so, that moment that book keeping is based more likely on opinions, than on the facts, is very much, very much an important point for understanding. Your pension bill is an active or a passive? I tell often this story when I explain why book keeping is first of all opinion and only then the facts. When I ask people: itAnd your pension plan is an active?it it the majority responds "yes". Well, eventually, at them there can be enclosed hundred thousand dollars or even millions. After pension reform the rich daddy began to consider pension plans 401 (k) the workers as passives even if they included money, actions, bonds mutual funds. A question: who was right? In February, 2002 company "General Motors" joyfully declared to the world that following the results of a year it managed to get profit. In view of heavy economic conditions in 2001, this news was worthy celebratings. But here critics have started to speak about underfinancing of passive GM, its pension plan. Somehow I watched transmission in which course one observer named billions dollars in the pension plan itGeneral Motorsit an active. The second observer persistently called the same billions dollars a passive. As you can see, they spoke about the same billions, but one expert named their active, and another it a passive. Here to you one more acknowledgement of that accounting it is more often an opinion product, than the facts. From the very beginning of our financial training by the main aspiration of the rich daddy was to learn us to think critically. Now I use a word critically as I feel that at present some readers start to think not critically, and is cynical. I hear, how someone from you speaks: itYes cease, billion dollars is an active, from what party at it lookit. In other words, these people think more likely cynically, than critically, and between critics and cynics very big difference. ![]()
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