@MillionaireDoor Would a business use 80% of FCF to pay off their debt? Or would they put it to work? Paying off debt should be your last priority in personal finance. FCF > Balance Sheet
@FluentInFinance Real estate is stable. Stock market will pay the best returns, on average. Business is high risk, but can be rewarding. Crypto is more high risk.
@stephencfu 27% believe that the stock market is where you go to lose money. The majority know better. Also… Lots of old people, including those with seven figures, prefer bonds for the stability.
@BillAckman@FDICgov When a financial institution is allowed to fail, it creates a firewall that stems the contagion. The Fed/Treasury should NOT rescue every poorly managed bank out there.
When a financial institution is allowed to fail, it creates a firewall that stems the contagion. The Fed should NOT rescue every poorly managed bank out there.