Life's Liabilities and Assets

Everyone hates a liability and we try to avoid them at all costs. Conversely, we all like to have assets. Isn't the ideal situation to have as little risk as possible with each liability we have and of course limiting our liabilities to the bare minimum. As far as assets we want to have the most favorable ones possible to give us the greatest return. Doesn't this make sense.

Knowing the difference between a liability and an asset is paramount to our everyday life. Furthermore, if we can be taught which liabilities carry less risk than another and which asset will yield a better return than another we will be on a favorable path. Information on this topic is addressed by Consumer Reports. It is a monthly magazine with a comprehensive Website www.consumerreports.org.

The information on this Website deals with a wide range of topics from automotives to electronics to Travel and many topics in between. It is an independent research company that tests all kinds of items we consumers purchase. They do not advertise for any manufacturer and that gives them free rain to label any product good or bad. They have no loyalties except finding truth about the things we buy. Engineers, scientists and experts work day after day to find out which consumables are liabilities and which are assets.

If it is true that you and I want to avoid pitfalls then won't we want access to the most unbiased research possible on what cars are most reliable and which DVD players to avoid and which household items you can plan on replacing six months after you buy it. If you are considering a new plasma TV, lawnmower or mutual fund then visit the do some research and save yourself some heartburn.