gnucash-docs maint: Simple commit to address issue I raised on Bugzilla, Bug 762088.
John Ralls
jralls at code.gnucash.org
Fri Feb 26 13:11:55 EST 2016
Updated via https://github.com/Gnucash/gnucash-docs/commit/2e103778 (commit)
from https://github.com/Gnucash/gnucash-docs/commit/1259a0c4 (commit)
commit 2e1037788c549f7a5f0a331b4e01c5ee504a3c6e
Author: David T <sunfish62 at yahoo.com>
Date: Wed Feb 24 14:21:07 2016 -0500
Simple commit to address issue I raised on Bugzilla, Bug 762088.
diff --git a/guide/C/ch_capgain.xml b/guide/C/ch_capgain.xml
index a1fe020..f7b05f0 100644
--- a/guide/C/ch_capgain.xml
+++ b/guide/C/ch_capgain.xml
@@ -471,36 +471,6 @@
</orderedlist>
</sect2>
- <sect2 id="capgain_examplecaution2">
- <title>Caution about Valuation</title>
-
- <para>As we see in this example, for non-financial assets, it may be
- difficult to correctly estimate the <quote>true</quote> value of an asset. It is
- quite easy to count yourself rich based on questionable estimates that
- do not reflect <quote>money in the bank</quote>.</para>
-
- <para>When dealing with appreciation of assets,</para>
-
- <itemizedlist>
- <listitem>
- <para>Be careful with your estimation of values. Do not indulge in
- wishful thinking.</para>
- </listitem>
-
- <listitem>
- <para>Never, ever, count on money you do not have in your bank or as
- cash. Until you have actually sold your asset and got the money, any
- numbers on paper (or magnetic patterns on your hard disk) are merely
- that. If you could realistically convince a banker to lend you
- money, using the assets as collateral, that is a pretty reasonable
- evidence that the assets have value, as lenders are professionally
- suspicious of dubious overestimations of value. Be aware: all too
- many companies that appear <quote>profitable</quote> on paper go out of business
- as a result of running out of cash, precisely because <quote>valuable
- assets</quote> were not the same thing as cash.</para>
- </listitem>
- </itemizedlist>
- </sect2>
</sect1>
<sect1 id="capgain_tax1">
Summary of changes:
guide/C/ch_capgain.xml | 30 ------------------------------
1 file changed, 30 deletions(-)
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