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xuu
Reply to #d6xxntq
@prologic because the downside of over-leveraging yourself is you lose your house.. or more.
1 month ago
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bender
Reply to #d6xxntq
@prologic because it is gambling. Not everyone is into it.
1 month ago
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bender
Reply to #d6xxntq
@prologic well, when you buy property you are obtaining something tangible, guaranteed. When you bet on the market (I am assuming that's what you meant by investing), you are not guaranteed.
1 month ago
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bender
Reply to #d6xxntq
@prologic now you are trolling. LOL. Highest savings (or CDs) around here renders around 5%. No one is going to lend you money at that interest rate, or less, like, ever.
1 month ago
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bender
Reply to #d6xxntq
@prologic Goldman Sachs, through Apple, is giving 4.4% on $100K (minimum). Four months rolling CDs in our bank are giving up to 5.10% on $50K, and up. Government treasure bills are around that, some a little less, some a little more.
1 month ago
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bender
Reply to #d6xxntq
The kick is, if you want to borrow money, all interests are super high (10%+). You can't "borrow to invest " in a savings account.
1 month ago
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