/biz/ - Business & Finance

>>54458741
Yeah lmao. I'm no visionary, just stating what could be the most favorable move from my limited POV. I could get rekt by insiders or market retardation, but that's a risk I'm willing to take.

Hi I'm a newly born bear. Am I welcome here? I can't fight the charts anymore.

>>29866921
holy shit my sides

>>29429091
>bought Avax instead of FTM in Jan

>>27418367

>>20395004
>inb4 my ass

>>20000000
Nigger I hope you die raped by refugees.

>>19397699
i dindu nuffin! dis is buuuuuulllshiet

>>18588490
So you're saying a historic moment, where institutional investors lost millions on futures contracts that have historically been about as stable a commodity in terms of liquidity as that of gold because no one wanted to buy it due to there being an unprecedented supply gut, was an insignificant even in your book?

Regardless of whether you're getting mad at people freaking out of things they might not fully understand, you're being an abrasive pedant for exactly 0 internet points.

>>18537765
>Renter
>>>pays 500 a month rent, thinks it's all going towards a Ferrari payment.
A significant number of landlords throughout much of the west own pockets of remote real estate while using property managers as location-dependent middlemen for collecting rent payments, with a lot of the money that's left over going into an eventual down payment on another property using credit that's too easily accessible. The problem isn't that it's going to a Ferrari, it's the systematic gobbling of property by independent property owners and funds alike using cheap credit and banking on artificially low interest rates to secure barely-decent yields. What few responsible owners out there who competitively price their wholly-owned rentals are few and far between.

>landlord
>>tied to 350 a month mortgage payment after putting his savings in for deposit.
If the bank can take it, it's not yours. Own before you rent, faggot.
>>has to manage the property, risk of tenant damage, general maintenance, with risks of boiler, new roof , leaks etc
Risk management is your job. Prepare or perish.
>>gets taxed on gains if value goes up
As well it should, because underdeveloped land, archaic zoning laws, and anti-capitalist legislative suppression running through real estate are what got us into this car-dependent, paper castle, single-use, low density, hyper-inefficient dystopia. If you're going to sit on and rent a 70 year old house that's dilapidated and ready to collapse in the middle of a city where the value of the land is outpacing the value of the structure, you're part of the problem.
>>Spends thousands on trades and local employment
Like hell you do. You're talking about builders, who have way more skin in the game than you ever will. You don't do shit.
>>takes on financial risk of losing equity or selling at a loss if he/she becomes unable to make payments
The bank takes on way more risk than you do by dealing in you passive income chasing leeches. Don't kid yourself.

>>18071236
The post I was responding to was literally someone so ass hurt that they suggested anyone them deem to be the /pol/ boogeyman should leave and make their own /smg/ on /pol/ you illiterate retard.
It's fucking hilarious how people like you give the word nigger so much power.

>>16084878
>arbitrage
>forkdelta
I forgot how it worked, but this is a scam. Newfags beware.

Jannie mods, do your job.

>>16072676
het off my board
Ill burn you on a stake if I catch you

THEN WHAT THE FUCK GOOD HAS BEING A DETECTIVE DONE FOR YOU? YOU SHOULD HAVE JUST BECOME A CANADIAN PLUMBER LIKE THE REST OF US!!!!

NOW SCRAM PUNK.

CHING CHONG BE GONE REEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>11948584
hell yeah

10% premine

Do you think it's an advanced form of nepotism or is it justified?