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7 July 2021 | 16 replies
- He sold a bunch of crypto currency to get 10 million dollars (or whatever the millions is). - He has virtually no equity in his current California home, despite the record-setting home prices.- He is trying to move from a tax state to a no-tax state (mine).- He has insufficient monthly income to get approved for a loan despite his sizable assets.For a money and income statement that's on the up and up, usually you've got options:1.
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7 July 2022 | 21 replies
While you can invest out of state, I believe that most investors not in San Francisco, New York, and Los Angeles are likely to do well in their local markets (and even those markets can be good if you have the means to invest in them and a strong thesis). 8) I don't like crypto - I don't see how it can produce cash flow, and how it is anything other than currency speculation.
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1 July 2022 | 4 replies
Even tulips were a currency at one point.
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9 July 2022 | 41 replies
No currency in the world is going to supplant the dollar any time in my lifetime, I am assuredly confident.
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19 July 2022 | 31 replies
The one comment I do make is when people talk about US getting off of the gold standard, while yes its a fiat currency its backed by a country that owns quite a bit of land, and is sitting on a nice oil and natural gas reserve as well as it has hundreds of millions of tax payers.
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5 August 2022 | 45 replies
Hyperinflation tends to come as a result of a collapse in the local currency which causes obligations (e.g., debt or imported goods denominated in a foreign currency such as US Dollar) to grow when expressed in the local currency.
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5 September 2022 | 39 replies
Not because house prices are up, but because the currency is loosing value.
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19 December 2021 | 17 replies
COINBASE is a broker for these currencies.
20 December 2021 | 23 replies
Have you considered crypto currency?
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30 December 2021 | 1 reply
Look into purchasing Bitcoin, a currency that is increasing in value, relative to the American Dollar that has fallen short since coming off the gold standard.