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Re: Det_Robert_Thorne post# 123723

Sunday, 06/16/2013 2:05:21 PM

Sunday, June 16, 2013 2:05:21 PM

Post# of 238171
YOUR STATEMENT IS INCORRECT: Here is Investopedia's definition of a LONG-TERM investment:

"An account on the asset side of a company's balance sheet that represents the investments that a company INTENDS TO HOLD FOR MORE THAN A YEAR. They may include stocks, bonds, real estate and cash."

Source: www.investopedia.com/terms/l/longterminvestments.asp
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