Money is the raw material for making more money. It is frustrating to have ideas and no money. Building initial capital takes time, effort and entails making sacrifices. For most of us, this is the only way.
Hows that 5x-10x leveraged Buy to Let property portfolio looking right now? Still an asset or a liability? Still "Passive" income or have you figured it out that you work for the Property (Debt) & its not "Passive." 🤔"Property goes up forever?" One of the biggest lies ever told.
It amazes me that people still believe borrowing $ beyond their means to buy repurposed commodities i.e. Cement, Slate, Wood, Plastic etc (a house), then renting it to someone at a price barely above interest payments is somehow smart. Especially when population growth declining.
If you truly care about the World and the "issues" you so "passionately" care about, see the bigger picture. By destroying California you take the tailwind out of US GDP & replace it with a headwind. This inadvertently creates more poverty and suffering globally in the long run.
@dougboneparth Some people actually believe shorting stocks is unamerican. When in fact, the ability bet on the demise of bad companies is the most American thing I can think of!