having zero dollars is better than having negative 60,000 dollars....
Sure it’s somewhat of a gamble but it can be done in a risk averse way
Sure it’s somewhat of a gamble but it can be done in a risk averse way
ya I sports gamble in a risk averse way too
ya I sports gamble in a risk averse way too
Bruh lol that’s an unfair comparison
You can buy a house today, risking whatever the loss you may take from having to sell it back, but potentially making a great return or having a stable source of passive income, or wait like 10 years saving up all the cash for it. While being constrained to extremely safe investments
Bruh lol that’s an unfair comparison
debt is leverage which is literally pretty much risk by definition lol
debt is leverage which is literally pretty much risk by definition lol
🙄 you’re being obtuse bro
🙄 you’re being obtuse bro
by using finance fundamentals?? lmao
bro talking like a house hacking YouTuber
by using finance fundamentals?? lmao
No by comparing things like index funds and other low risk investments to sports betting
bro talking like a house hacking YouTuber
Keep putting all your savings in a like 0.0001% APR savings account bruh I’m not stopping you
No by comparing things like index funds and other low risk investments to sports betting
u never said index funds or even stated what kind of investments
Keep putting all your savings in a like 0.0001% APR savings account bruh I’m not stopping you
that's not smart either lol
u never said index funds or even stated what kind of investments
I think it was implied im not taking out a loan and throwing it all on black
that's not smart either lol
Wait so you’re saying you’re putting your money into an investment? 😨
I think it was implied im not taking out a loan and throwing it all on black
u said u would invest using leverage in a risk averse way despite leverage pretty much being an assumed risk
Wait so you’re saying you’re putting your money into an investment? 😨
u taking out a loan to put that money in a index fund lol?
u taking out a loan to put that money in a index fund lol?
No… but it’s an example of risk averse investment lol
Or use the debt to make investments that you couldn’t do with just your cash 🤷♀️
im just going off this bruh^
Imma give u some advice tho, i obviously was joking in my last post but u gotta be careful who u trust with money, if ppl feel like they can they will take advantage of your generosity
Another rule of thumb is don't use credit cards for recurring expenses like don't do that