throwaway99951

7 ms·

1.
by throwaway99951 9y ago
> No, you're ignoring the case where they might have defaulted. How on earth do you know what I'm ignoring? I most certainly accounted for the fact that the companies could default. > The housing market oftentimes works in
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by throwaway99951 9y ago
> Been to Wawa, Sault Ste. Marie, North Bay or Timmins recently? What about the smaller towns like Desbarats, what about the rural areas? Yes, in fact I have. I lived in North Bay for many years. I have family there still. I played N
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by throwaway99951 9y ago
> How does this rate of return compare to prevailing interest rates from the same period? Sometimes higher, sometimes lower, depending on a million variables. Does that surprise you?
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by throwaway99951 9y ago
> You absolutely can't "know" ahead of time what assets will appreciate at all, let alone their rate of appreciation. Also, water is wet. I "knew" when I bought corporate bonds paying 15% in 2008 that they would
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by throwaway99951 9y ago
I concur.
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by throwaway99951 9y ago
> Disposable income is staying constant while asset prices (and related things like rent) continue to rise. Wait, so the middle class doesn't own any of these rising priced assets, thus benefitting from the price increase? I don
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by throwaway99951 9y ago
> The whole world's middle class is on the brink of ruin thanks to modern era politicians whose gluttony for easy money I guess that depends on what you define as "middle class". The bottom 50% of people earn 15% of all
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by throwaway99951 9y ago
> Just drive around Northern Ontario for a bit if you want to have an idea of what poverty in a first world country looks like. As someone born and raised in Northern Ontario, I have no idea what you're talking about. You want to k
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by throwaway99951 9y ago
> What appreciating assets should people get in debt to buy? You should go into debt to buy any assets that you know will appreciate at a rate greater than the interest you pay on debt incurred to finance them. > Surely you aren&#x27
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by throwaway99951 9y ago
> Here's a thought, treat them as people and not "a black" or "a woman". You don't have to ingratiate yourself in the fear that some random person will think you're a racist. I think you need to read