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/biz/ - Business & Finance

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30156427 No.30156427 [Reply] [Original]

>bitcoin? No no no thats not a good way to invest your money you need to work on widdling down that debt first. Following that think about longterm savings bond and in 20 years pay for a house IN CASH. That's the way to become a millionaire not this funny money.

>> No.30157339

>>30156427
Not having bad debt does feel great, btw. So freeing.

>> No.30157456
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30157456

>>30156427
The Jew fears the debtless goyim

>> No.30157547

>not swindling and grabbing literal free money from companies and dealers who dont care about credit
your loss

>> No.30157773

>>30156427
Hes kind of right. Normies want to invest but
1)dont have at least 10k emergency savings
2) have credit card debt/car loans
Tbh if you have either of those or both, then you have no business investing in anything really.

>> No.30157888

Dave's advice is really good for most people, because most people are unironically retards. I'm not a retard though.

>> No.30158294

>>30156427
You will eat beans and rice...sell the car!!

>> No.30158430

>>30157773
I got in debt to flip with shitcoins and paid it in 1 month and some people get mortages to invest in their business. As long as you are making money with it, debt is not that bad.

>> No.30158711

>>30156427
Move in with rice and beans, eat mom and dad.

>> No.30158721

>>30158430
Sure, but remember that the average person has credit card debt that they do not pay down in full every month at 10% to 15% interest and car loans at 5% to 10%. Those people should absolutely take the "guaranteed gains" from paying down that debt first before "gambling" in any market, crypto or stock.

>> No.30159242

This is true for most people, just not for us.

>> No.30159870

>>30158294
B-but it’s a lease I only pay $150 a month for it and zero maintenance

>> No.30159878

>>30156427
guys newfag question here; USA as far as cryptocurrency goes is a shithole but I don't know if chase bank will accept debit card purchases with crypto since it is my own money. I ask this cause I heard some people invested in coins even though they got 2-3x return on capital but their bank outright laughed at him and told him to fuck off so he had to live in his car for a few months. to be clear it is my own money I'm investing with will they hand me my well deserved returns?