RE: Boomers Will Be Shocked That Their House Is Not An Asset
According to Robert Kiyosaki, YOUR house is not an asset, it is a liability.
Assets put money into your pocket Liabilities take money out of your pocket
To be an asset, a house has to be able to be sold. If you are living in it, it cannot be sold.
RE: Boomers Will Be Shocked That Their House Is Not An Asset