the.com/depreciation
The slow-motion math of everything you own quietly betraying you.
means The gradual decline in the value of an asset over time, especially as accounted for in finance and tax, as wear, age, or obsolescence eat away at its worth.
from From Latin 'depretiare,' to lower the price of something, built from 'de-' (down) plus 'pretium' (price, value) — the same 'pretium' that gives us 'price,' 'precious,' and 'appreciate.' So 'depreciate' is literally the act of pricing something downward, and its cheerier sibling 'appreciate' the act of pricing it up. The accounting sense — spreading an asset's loss of value across years on a ledger — is a later, money-minded specialization of that older idea of simply becoming worth less.
- drive-off drop
- New cars lose ~10% the instant you leave the lot
- phantom expense
- It cuts taxable income without touching your cash
- land exempt
- Buildings depreciate, the ground beneath never does
- accelerated tricks
- Methods let you front-load losses for tax wins
- luxury exception
- Some rare watches and art appreciate instead
bitcoin volatility 2017-2018 — dropped from $19,891 in december 2017 to $3,601 by december 2018