Reply
  • May 2, 2023
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    1 reply
    ghosting

    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

  • May 2, 2023
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    1 reply
    Smoofer

    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

  • May 2, 2023
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    1 reply
    ghosting

    ya I sports gamble in a risk averse way too

    Bruh lol that’s an unfair comparison

  • May 2, 2023
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    1 reply

    Nigga would rather rebuild from -60,000 than from 0. I’ve heard it all

  • May 2, 2023

    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

  • May 2, 2023
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    1 reply
    Smoofer

    Bruh lol that’s an unfair comparison

    debt is leverage which is literally pretty much risk by definition lol

  • May 2, 2023
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    1 reply
    ghosting

    debt is leverage which is literally pretty much risk by definition lol

    🙄 you’re being obtuse bro

  • May 2, 2023
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    1 reply
    Smoofer

    🙄 you’re being obtuse bro

    by using finance fundamentals?? lmao

  • May 2, 2023
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    1 reply

    bro talking like a house hacking YouTuber

  • May 2, 2023
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    1 reply
    ghosting

    by using finance fundamentals?? lmao

    No by comparing things like index funds and other low risk investments to sports betting

  • May 2, 2023
    Love Life Utopia

    Nigga would rather rebuild from -60,000 than from 0. I’ve heard it all

  • May 2, 2023
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    1 reply
    ghosting

    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

  • May 2, 2023
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    1 reply
    Smoofer

    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

  • May 2, 2023
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    1 reply
    Smoofer

    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

  • May 2, 2023

  • May 2, 2023
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    1 reply
    ghosting

    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

  • May 2, 2023

  • May 2, 2023
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    1 reply
    ghosting

    that's not smart either lol

    Wait so you’re saying you’re putting your money into an investment? 😨

  • May 2, 2023
    Smoofer

    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

  • May 2, 2023
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    1 reply
    Smoofer

    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?

  • May 2, 2023
    ghosting

    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

  • May 2, 2023
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    1 reply
    Smoofer

    Or use the debt to make investments that you couldn’t do with just your cash 🤷‍♀️

    im just going off this bruh^

  • May 2, 2023

    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

  • May 2, 2023
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    2 replies

    Another rule of thumb is don't use credit cards for recurring expenses like don't do that

  • May 2, 2023
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    2 replies
    ghosting

    im just going off this bruh^

    Then think of my house example. There’s no way it’s better to save cash for X years than take a mortgage

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