Why I’m Now $1 Million In Debt
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Top Comments (10)
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.
Borrowing $1,000,000 in Australia for a mortgage is the norm these days.
Per your post earlier about Munger's quote, “The safe assumption for an investor is that over the next hundred years the (fiat) currency is going to zero.” Taking out fixed rate debt in fiat to buy real assets is a time tested way to try and benefit from that.
Thanks for letting us know that cash offers don't mean you have to pay cash. I will definitely be using that strategy in the future.
It’s difficult to keep “saving” for an emergency fund when inflation is going up, as you said we are forced to invest
Yes!!! I’m super proud! Home tour time!!!!
Hey Andrei, can you please clarify what you mean at 10:39 when you say interest rates trend towards zero?
thanks for not being a financial advisor but someone who can impact and inspire from your personal view points
Whoa that cash thing is amazing!!!
Thanks for calling things with their names!
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Top Comments (10)
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.
Borrowing $1,000,000 in Australia for a mortgage is the norm these days.
Per your post earlier about Munger's quote, “The safe assumption for an investor is that over the next hundred years the (fiat) currency is going to zero.” Taking out fixed rate debt in fiat to buy real assets is a time tested way to try and benefit from that.
Thanks for letting us know that cash offers don't mean you have to pay cash. I will definitely be using that strategy in the future.
It’s difficult to keep “saving” for an emergency fund when inflation is going up, as you said we are forced to invest
Yes!!! I’m super proud! Home tour time!!!!
Hey Andrei, can you please clarify what you mean at 10:39 when you say interest rates trend towards zero?
thanks for not being a financial advisor but someone who can impact and inspire from your personal view points
Whoa that cash thing is amazing!!!
Thanks for calling things with their names!