Quote:
Originally Posted by David70
Bought it for $20k, lost $10k in value and still has $10k in value. Sells it at the end of 1000 wears and it cost him $10 per wear. I don't see the money being lost if the watch still has the value.
Just like a business shows the assets as still existing and having a value, not gone because the money was spent on them.
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I see. Didnt realize you were selling it at the end of the 1000 wears.