/lb >>20520995 Drinking seven cans of Diet Coke per week linked to deadly heart condition suffered by President Joe Biden
This is a narrative-seeding threat against Trump.
>>20520406 /lb HOW THE MORTGAGE INTEREST RATES WORK AND HOW TO USE THE BANKS PROPERLY AND STOP GIVING THEM MONEY AND TIME.
This video misses a HUGE economic piece: the time value of money. Sure you might spend $36k over 6 years rather than $230k over 30 years…but if you can get that $36k to grow at a higher rate for the next 23 years, you'd be able to pay off the mortgage AND have money left over. It's interesting math for sure…but the fact that she's messing around with the timescales doesn't take into account the time value of money, aka the money that could be made with the money not spent at the moment. If you can make just standard returns on a 60/40 portfolio, you'd come close to beating it. On the other hand, you better be sure you want to live in one place for 30 years. As Buffet likes to say, don't buy something you plan on selling. The best assets are the ones worth holding on to forever…or a long time.
>This video misses a HUGE economic piece: the time value of money. Sure you might spend $36k over 6 years rather than $230k over 30 years…but if you can get that $36k to grow at a higher rate for the next 23 years, you'd be able to pay off the mortgage AND have money left over. It's interesting math for sure…but the fact that she's messing around with the timescales doesn't take into account the time value of money, aka the money that could be made with the money not spent at the moment. If you can make just standard returns on a 60/40 portfolio, you'd come close to beating it. On the other hand, you better be sure you want to live in one place for 30 years. As Buffet likes to say, don't buy something you plan on selling. The best assets are the ones worth holding on to forever…or a long time.
Best advice is to minimize the use of bank products you can't afford for assets you don't have the money to buy. Always think about the tradeoffs. There are places to live that can fit your needs…especially once Trump comes back. Economy is going to RIPPPPPP!