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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21678695 No.21678695 [Reply] [Original]

>DON'T INVEST WHAT YOU CAN'T AFFORD TO LOSE!!

>> No.21678752

>>21678695
>GET A MORTGAGE AND BUILD EQUITY! THE INTEREST RATES ARE SO LOW!

>> No.21678782
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21678782

>>21678695
>DCA

>> No.21678814

>>21678695
they say "dont gamble what you can't afford to lose", which is actually good advice.

>>21678752
This actually is true, but really you should be looking to buy a house under market value when the interest rates are low, so you can build equity and still sell for a profit at any time even if the market dips.

>> No.21678828

You shouldn't invest more than you can afford to lose (in uniswap shitcoin scams you're trying to flip before they dump)
It's actually good advice

>> No.21678840

>>21678782
:( whats wrong with dca?

>> No.21678858
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21678858

>>21678814
>

>> No.21678876

>>21678695
>pay down your mortgage asap and save the interest!

>> No.21678890

>>21678695

>Just graduate with any degree! college is important!

>> No.21678983
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21678983

>>21678814
>the house that i bought today will appreciate 15x by the time i retire, just like it did for my Boomer parents.
There are people that actually believe this. Kek.

>> No.21679351

>>21678695
>be poor
>gamble everything
>win, become rich
>lose, still be poor

really, the only way to lose is not to play

>> No.21680198

>>21679351
>be poor
>win, become slightly less poor
>lose, become homeless and starve to death

>> No.21680206

>>21678840
nothing

>> No.21680281
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21680281

>>21678695
No, all or nothing, cowards get the rope

>> No.21680310

>>21678752
Cope harder rent cuck. I’ve made hundreds of thousands buying property in appreciation gain and the renters pay my mortgage. Even the house I live in has gone up 100% while you just throw your money down a hole never to see it again.

>> No.21680334

>>21678814
>sell for a profit
What will you do then? Live under a bridge?

>> No.21680392

the cheerleader with his Wojaks and Pepes telling you that being financially responsible isn't cool and that if you waste your money on his shitcoin you'll get lucky

>> No.21680443

>>21678752
People who buy houses because rates are low are dumb.
People who buy houses because they know hyperinflation is around the corner know what’s up. If you’re a rentcuck, the moment your rent contract is up your next rent contract will scale with inflation unless you’re lucky enough to live in a rent controlled area.
Meanwhile my monthly mortgage payment including PMI is $1500 now, was $1500 two years ago and will be $1500 in 2022 when a loaf of bread costs $6,000,000.

>> No.21680882

>>21678876
A large number of biz poster actually believe this. It's bad.

>> No.21680973

>>21678983
Even you bought a house in 2007 you're making profit on it now. Why isn't buying a house a good investment if within 20 years it should be worth more than what you bought it for, assuming you'd like to live there or otherwise acquire a zero risk position

>> No.21681020

>>21680198
The alternative is dying later, still poor.

>> No.21681125

>It's not all about money, you need to enjoy yourself a on the weekends and have fun on the weekend!

>> No.21681188

>>21680973
Why build houses here on earth when we are going to mars?

>> No.21681239

>>21678695
>YOU'RE UP?? SELL!! SELL NOW!!