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30-12-2013, 03:18 PM
(30-12-2013, 02:51 PM)egghead Wrote:i agree arithmetic sum is correct.(30-12-2013, 02:12 PM)Temperament Wrote: May i understand your point of view?
Before George appears:
Terrance owes Tay $1k, but is owed $1k by Eric, so net debt is zero.
Tay owes Desmond $1k but is owed $1k by Terrance, so net debt is zero.
Desmond owes Calvin $1k but is owed $1k by Tay, so net debt is zero.
Calvin owes Eric $1k but is owed $1k by Desmond, so net debt is zero.
Eric owes Terrance $1k but is owed $1k by Calvin, so net debt is zero.
So it seems this 5 people have free money by using credit merry go round among themselves.
Maybe this what we call "Barter Trade" in the old days.
No money is needed.
Ha! Ha!
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.