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Old 10-09-2022, 01:23 PM   #82
Locke
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Quote:
Originally Posted by Strange Brew View Post
Yep owning a Picasso or Rembrandt probably costs money too. I imagine there is some degree of maintenance and care required with no operating income coming in. Yet private art collectors seem to like owning such things.
The other beauty of it is that when you have that much equity in an asset, you can borrow against it at rates that are cheap like borscht.
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