Monday, September 30, 2013

Balance (FAIR MARKET VALUE)

GROWING UP we have always been told eat a balanced diet

the best way to walk across a tight rope is to be balanced and also for those that rock climb it is better to be balanced than muscle you way through the rocks and ware your self out

because Nature is in a constant state of seeking equilibrium so is the market seeking balance.

Balance is such an important part of life so also is the market always seeking Fair Market value (balance)

if you try to control the Market it will only work for a limited time as The Fed cannot continue to print away the dollar it will cause catastrophic events around the globe as most of the reserves are spread to foreign countries holding our bonds 10-30years worth the US Gov. will continue to print more dollars to pay back the same amount of money at a cheaper value (which means you can pay more debts off with cheap money.

as the Market seeks balance so do we in our personal lives let not the financial part of our life bring us out of balance

GNS+RESEARCH


Inspection / Appraisal
Dictionary Says

Definition of 'Fair Market Value'

The price that a given property or asset would fetch in the marketplace, subject to the following conditions:

1. Prospective buyers and sellers are reasonably knowledgeable about the asset; they are behaving in their own best interests and are free of undue pressure to trade.

2. A reasonable time period is given for the transaction to be completed.

Given these conditions, an asset's fair market value should represent an accurate valuation or assessment of its worth.
Investopedia Says

Investopedia explains 'Fair Market Value'

Fair market values are widely used across many areas of commerce. For example, municipal property taxes are often assessed based on the fair market value of the owner's property. Depending upon how many years the owner has owned the home, the difference between the purchase price and the residence's fair market value can be substantial.

Fair market values are often used in the insurance industry as well. For example, when an insurance claim is made as a result of a car accident, the insurance company covering the damage to the owner's vehicle will usually cover damages up to the fair market value of the automobile.

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