Brownslave688
You want a toe? I can get you a toe.
Just curious did I miss what this had to do with crypto currency?
Bitcoin/Ethereum/cryptocurrencies
- Thread starter 35years
- Start date
It's an alternative fund.
Brownslave688
You want a toe? I can get you a toe.
Last I had checked no exchange traded funds were allowed to hold crypto.
I read a lot about the market being volitale but never any specific mentions.
People are looking for other things besides stocks trying to hit a home run just like they are with crypto currency.
Look at gold a few years ago when it was around 2k. Cash for gold stores popped up everywhere, infomercials on gold IRS's.
Now all the cash for gold stores are almost gone.
Nothing wrong with taking a chance , just don't bet the farm on it.
Check this out.
City of Berkeley Looks to Cryptocurrency to Raise Funds
Brownslave688
You want a toe? I can get you a toe.
Oh I agree with that. And I'm
Cool with taking big risks for the chance at big rewards. Just don't go doing stupid
like take out second mortgagesThat's what happened last time with the housing bubble.Oh I agree with that. And I'm
Cool with taking big risks for the chance at big rewards. Just don't go doing stupid
1989
Well-Known Member
It says they invested in options. What Bernie madoff SAID he was doing.
1989
Well-Known Member
What’s wrong with 2nd mortgages?Oh I agree with that. And I'm
Cool with taking big risks for the chance at big rewards. Just don't go doing stupid
80% LTV is the same whether it’s 1 mortgage or 2.
Pay off your house then you can play.
1989
Well-Known Member
But life is backwards. You should be able to play when your young. When you are playful. So you think 375K is too much to owe when you retire? I have the boat paid off.
If you retire with debt, you aren't ready to retire.
1989
Well-Known Member
But things happen, like a mid-life crises. What if you have the income to service that debt? Besides I plan on starting another career. (Street begging)
Go rent a Corvette for a week and get a hooker.
Brownslave688
You want a toe? I can get you a toe.
Financing retirement with debt is not a great plan.
1989
Well-Known Member
Aren’t those expensive? Hookers?
If you can't pay it off while you are working, you definitely aren't going to pay it off in retirement.
1989
Well-Known Member
I wouldn’t for retirement, besides, rates will be too high by then. I did leverage my home to purchase other assets starting 2009 tho. Vegas was so cheep.
