King@lemy.lol to People Twitter@sh.itjust.works · 10 months agoThe wealthylemy.lolimagemessage-square44fedilinkarrow-up1650arrow-down112file-text
arrow-up1638arrow-down1imageThe wealthylemy.lolKing@lemy.lol to People Twitter@sh.itjust.works · 10 months agomessage-square44fedilinkfile-text
minus-squareSupervisor194@lemmy.worldlinkfedilinkarrow-up16·10 months agoThis is all good and well, until a 2008 happens. That’s why strategies like this are only reliable if you have generational wealth to start with. You have to be able to withstand massive risk.
minus-squaredoylio@lemmy.calinkfedilinkarrow-up5·10 months agoI was thinking that too. Works as long as asset appreciation > interest. We’re in a higher interest rate world with a recession on the horizon, so this strategy may not work moving forward
This is all good and well, until a 2008 happens. That’s why strategies like this are only reliable if you have generational wealth to start with. You have to be able to withstand massive risk.
I was thinking that too. Works as long as asset appreciation > interest.
We’re in a higher interest rate world with a recession on the horizon, so this strategy may not work moving forward