- 28,370
- 16,800
- Joined
- Mar 22, 2003
USE DEBT TO YOUR ADVANTAGE
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
- 13,328
- 12,222
- Joined
- Oct 14, 2008
To piggy back off this. My mom took a chance on a house in NYC. She used home equity loans to keep buying houses. Now she’s a multi millionaire with multiple multi family homes in NYC. She maybe cash poor but if and when she decides to liquidate she will literally turn 30k of initial down payment into multiple millions. All as a immigrant single mom.
Debt is how the rich get richer but too many people don’t understand that.
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
My house down payment was all done via Margin. That>Liquidating and taking the tax hit by thousands of dollars
- 28,370
- 16,800
- Joined
- Mar 22, 2003
AND YOU GOT THE LIKES AND I DIDNT SMH
- 7,084
- 45
- Joined
- Jan 29, 2007
Would you be kind enough to elaborate more on this strategy please. When do you expect to pay down that margin, etc.
We can take this to the real estate thread too if that’s preferred.
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
Just plan to pay it down once I get paid with tax returns, etc.
From my perspective, the interest cost is ~$2,700 a year and that's with me not paying down any of it during the course of a calendar year. If I opted to liquidate my portfolio to raise the cash I needed, the capital gains taxes would far outpace that number.
If you have a big enough portfolio to support with plus a good buffer to hedge against any drawdowns I would consider it
- 1,097
- 729
- Joined
- Jan 12, 2017
it’s a multitude of historical examples to support leverage/low leverage
Aldi has become one of the most trusted brands in the world by shunning debt. Dave Tepper has stated no need for leverage on trading.
Yet, wacc & apv models are built on the advantage of debt financing. Interest expense is tax deductible.
Verdict: the person is underwritten
Edit: Masa likes debt too
Aldi has become one of the most trusted brands in the world by shunning debt. Dave Tepper has stated no need for leverage on trading.
Yet, wacc & apv models are built on the advantage of debt financing. Interest expense is tax deductible.
Verdict: the person is underwritten
Edit: Masa likes debt too
Last edited:
- 4,166
- 3,912
- Joined
- Jul 20, 2012
I have to discipline myself to stop trading options on SPY
I’ve seen clear downtrend break support on the downside just to bounce off no support into a spike up
I’m over it at this point making it a habit to not even bother looking at it at all
I’ve seen clear downtrend break support on the downside just to bounce off no support into a spike up
I’m over it at this point making it a habit to not even bother looking at it at all
- 29,651
- 39,353
- Joined
- May 25, 2004
I keep cash on deck but I don’t want to sell my crypto and don’t work in the winter. If I had a year round job I’d probably keep way less.
I’m in too much debt to live off unemployment when I’m laid off.
I’m in too much debt to live off unemployment when I’m laid off.
- 3,602
- 2,238
- Joined
- Mar 14, 2014
america is debt
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
The Santa Claus rally is undefeated
- 29,651
- 39,353
- Joined
- May 25, 2004
Besides my car it’s all good. Property appreciates more than the interest I pay.
- 1,097
- 729
- Joined
- Jan 12, 2017
Small caps potentially oversold:
$jmia - the Africa play people forgot
$oscr - josh kushner’s health company
$sklz - social gaming w/ an NFL partnership
$apph - agriculture & farming in Kentucky
$jmia - the Africa play people forgot
$oscr - josh kushner’s health company
$sklz - social gaming w/ an NFL partnership
$apph - agriculture & farming in Kentucky
- 26,272
- 3,400
- Joined
- Mar 29, 2008
I guess this is the Santa rally
- 28,370
- 16,800
- Joined
- Mar 22, 2003
Tell me more about SKLZ and your POV
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
Undefeated. Even went down during the GFC. The Santa Rally is inevitable.
- 1,097
- 729
- Joined
- Jan 12, 2017
An ex-Blackwater, safemoon whale gave the rec as a super bowl swing play
- 28,370
- 16,800
- Joined
- Mar 22, 2003
Nothing more? I know them very well
- 1,097
- 729
- Joined
- Jan 12, 2017
Nothing more. I’m just coinvesting with my barber
- 28,370
- 16,800
- Joined
- Mar 22, 2003
Understood - a lot of competitors coming for them but category should skyrocket
- 8,141
- 5,318
- Joined
- Dec 3, 2007
...
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
TikTok tops Google as the most visited website on the internet
Social media platform's explosive growth vaults it past the search giant and Facebook as most trafficked site.
www.cbsnews.com
This is a real unicorn, can't remember the last time I've seen one. As long as they don't do the censorship pivot and the "China" issue.
- 1,097
- 729
- Joined
- Jan 12, 2017
Would love to see GroupMe get taken out of Microsoft’s dungeon & get revamped
Use on college campuses is off the charts. Every frat/sorority & student organization uses GroupMe, daily
At the present, UI is old, in-chat features suck, and website is even worse
Use on college campuses is off the charts. Every frat/sorority & student organization uses GroupMe, daily
At the present, UI is old, in-chat features suck, and website is even worse
antidope
Supporter
- 62,409
- 65,286
- Joined
- Jan 2, 2012
I've been on GroupMe since 2011, it's come a long way. It's not What's App good but I still am loyal to it.
- 1,097
- 729
- Joined
- Jan 12, 2017
