Mile High FIRE

here to talk about finance, real estate, and politics.

[Mile High FIRE @Fire5280]

Many will tell you that one's home is not an asset...

If that's true, then how did I spend the past 7 years leveraging my home's equity to acquire 3 additional income properties, worth a combined $2.6M, that cash-flow more than $6K/mo...?

[Mile High FIRE @Fire5280]

@Loli5165 @AdamKinzinger How dare we express concern about the obvious sundowning of our president during war time...

[Mile High FIRE @Fire5280]

Contrary to what people who have never owned or managed real estate might tell you... toilets are actually one of the things I get the fewest calls about.

And definitely not at 2:00am.

[Mile High FIRE @Fire5280]

@MikeASperrazza Most people are inspired by someone who went through hell, and came out a better man on the other side.

Hating on that type of man is a sad look.

[Mile High FIRE @Fire5280]

@FinancialPhys maybe look up the word "realistically"...

[Mile High FIRE @Fire5280]

Bitcoin's recent performance has been compleetly disappointing, and is only up about 5% since @lindsay__stamp made this assertion 2 years ago.

Maybe things will turn around for Bitcoin, but I'm totally fine dealing with "ovens and toilets", so long as it means consistent tax-deferred cash-flow, month after month.

[Lindsay @lindsay__stamp]

Bitcoin has been the best performing asset 8 out of the last 11 years and the people who owned it didn’t have to deal with ovens, toilets or tenants not paying rent and as someone who’s invested in real estate…I like that about it.

[Mile High FIRE @Fire5280]

Yo Jimmy, just wanted to check in, and see how you're doing. It's been two years since you made this comment, and Bitcoin is down about 10% over that same time. Ouch.

For comparison, two of my largest holdings ($AMD and $NVDA), are both up over 100% in the past two years.

I hope you diversified out of Bitcoin, so you didn't... "miss the boat" on more rewarding investments.

[Mile High FIRE @Fire5280]

Apparently, if you make the "wild" claim that one dollar will always equal exactly one dollar, a nearby bitcoin bro will parachute in, and call you retarded...

[Mile High FIRE @Fire5280]

@KosherChutzpah You're a moron.

[Mile High FIRE @Fire5280]

@MikeASperrazza Wild to watch MAGA squirm as they work to continue to hate on a man who faced his demons with humility, and came out a stronger and better person the other side.

Now the question is, do YOU have the humility to admit he is no longer the evil caricature you made him out to be...?

[Mile High FIRE @Fire5280]

@johnnyedwardfap @atrupar Hahaha. OK. If you say so. 🤡

[Mile High FIRE @Fire5280]

@johnnyedwardfap @atrupar Rupar didn't say anything about Trump's health. He merely stated the facts. You were the one who interpreted those facts as being due to a "serious health issue"

[Mile High FIRE @Fire5280]

@Keltic_Spirit @amelia_tweetz @cturnbull1968 Oh sweetie. Bless your heart.

[Mile High FIRE @Fire5280]

The reflexive MAGA impulse to distract from Trump's failings, by pointing at transgenderism, is weird...

I get it, there are two genders, and anything is at best a form of cosplaying, or at worst... a mental illness.

But unless someone in your immediate family is or claims to be transgender... it really has no meaningful impact on one's life. The only reason people like you gravitate to the transgender issue, is to use it as a red herring to distract from the fact that Trump has broken almost all of his campaign promises, resulting in higher prices across the board, which DOES impact everyone.

[Mile High FIRE @Fire5280]

@Keltic_Spirit @amelia_tweetz @cturnbull1968 Freaks? Like this guy...?

[Mile High FIRE @Fire5280]

@meanerdeaner @raefejenkins Israel/AIPAC influence and general corruption is the greatest threat to American interests. The other stuff is all just a distraction.

I truly believe that.

[Mile High FIRE @Fire5280]

@StealthQE4 The only nuclear concessions Trump can expect anytime soon.

[Mile High FIRE @Fire5280]

Maybe... but in order for the price to climb to new high, the asset has to attract new investors. But the masses just don't see the value at this point, they see it as a speculative play, used by criminals and fraudsters, with a really sad 1yr return.

It had a great run at the beginning, but it's losing steam, and Most people would rather invest in companies, ETFs, real estate, etc.

But, maybe I'm wrong.

[Mile High FIRE @Fire5280]

Ouch. He should have just stuck to his $VOO and chill strategy...

[Finance Guy @GuyTalksFinance]

LFG!! THE BITCOIN BULL MARKET IS BACK!

[Mile High FIRE @Fire5280]

@Timcast @pulte I thought you were against unqualified DEI hires...

[Mile High FIRE @Fire5280]

@MeidasTouch I thought MAGA was against DEI hiring...