💬 OT Officially new Official Bored Thread

[Lord Tin Foilhat]

I am about to do the "start a business and use that's credit" journey.

 

[Lord Tin Foilhat]

then I can just dump it like all the big playas do.

 

[Lord Tin Foilhat]

leave my own clean as a whistle.

 

[Lord Tin Foilhat]

RentFree LLC

 

[Yaj Yak]

that seems

 

[Yaj Yak]

like an awesome

 

[Yaj Yak]

idea Lord Tin Foilhat

 

[Lord Tin Foilhat]

Thanks

 

[Lord Tin Foilhat]

I thought this is how we use this thread

 

[boostedguy05]

keyword

 

[Lord Tin Foilhat]

post a sentence. pump those numbers.

 

[Rent Free]

there's no rabbit hole. just pointing out what you said is wrong.

Bullshit

Does the Mortgage have a higher int rate?
Can the CC debt be sold? (balance transfer sure yaya no one cares)
Will the fucking mortgaged property appreciate? It should it better its brand new!
Does the CC debt gain value over time.

Fuck off you know damn well what I mean a mortgage is better than CC debt period.

 

[Lord Tin Foilhat]

Bullshit

Does the Mortgage have a higher int rate?
Can the CC debt be sold? (balance transfer sure yaya no one cares)
Will the fucking mortgaged propert appreciate?
Does the CC debt gain value over time.

Fuck off you know damn well what I mean a mortgage is better than CC debt period.

CC debt you can just say fuck you and in 7 years it disappears and you still keep all the shit.

try doing that with a house.

 

[Yaj Yak]

Bullshit

Does the Mortgage have a higher int rate?
Can the CC debt be sold? (balance transfer sure yaya no one cares)
Will the fucking mortgaged property appreciate? It should it better its brand new!
Does the CC debt gain value over time.

Fuck off you know damn well what I mean a mortgage is better than CC debt period.

you are correct.

a mortgage loan, is still not an asset though.

 

[Yaj Yak]

Rent Free boutta be like

 

[Lord Tin Foilhat]

BRO LOOK AT ALL MY DEBT ASSETS

 

[Rent Free]

CC debt you can just say fuck you and in 7 years it disappears and you still keep all the shit.

try doing that with a house.

after 7 years you better have some equity if not your a retard try that with a credit card..... LOL

 

[Lord Tin Foilhat]

wut gibberish is that?

 

[FESTER665]

Rent Free boutta be like

Just type in Germany, he cant read it.

 

[Yaj Yak]

after 7 years you better have some equity if not your a retard try that with a credit card..... LOL

wait are we talking about equity now and not a mortgage loan?

 

[Yaj Yak]

Rent Free drinkin his mochafrappiatoo eatin' his micky'd's cheeeseycake right now like

 

[Lord Tin Foilhat]

Ill use my 10k CC to buy Gold and silver and bury it.

equity that

 

[Rent Free]

wait are we talking about equity now and not a mortgage loan?

Yes its not all the same but kinda. For fuck sakes you all know how a mortage works on a property.

Take mortgage for house aka property. Said property appreciates. Gains equity over time.

Credit debt doesnt.

Comparing the 2 is entirely pointless but here we are on TCG.

Id rather have a 300k mortgage than even 20k credit card debt.

You all do you.

Pretty hard to lose money on property.

 

[Chester Copperpot]

Working on Azure layout for the entire company and I come back to "debt assets".

TCG has achieved peak clown world.

 

[FirstWorldProblems]

Working on Azure layout for the entire company and I come back to "debt assets".

TCG has achieved peak clown world.

what's worse, i longer haz any "debt assets". only "debt debt".