WealthOfNations

For we do not wrestle against flesh and blood, but against rulers, authorities, cosmic powers over darkness, and spiritual forces of evil in heavenly places.

[WealthOfNations @WealthOfNation7]

@giantsyankees3 @money_cruncher It works, you just share the QR code with family members. Apple Pay for Trump account contributions work with debit cards only.

[Elon Musk @elonmusk]

@DonaldMills142 Indeed. It’s not that good ideas aren’t important, they’re just overrated relative to implementation.

The IDEA of going to the Moon is EASY, but GOING to the Moon is HARD.

[WealthOfNations @WealthOfNation7]

@staffaction @Cernovich People use this type of loan for various reasons. The immediate availability can be worth the additional points if they need the liquidity and have a clear payback strategy.

[WealthOfNations @WealthOfNation7]

@SymoneBeez @BowTiedBull You can borrow against your 401k…

[WealthOfNations @WealthOfNation7]

@markbrasier @BowTiedBull There’s so much engagement farming these days. Ppl who should know and could know with Google ask on social media anyway.

[WealthOfNations @WealthOfNation7]

@Robert_Simon_ @0xHorseman @Cernovich Interest typically accrues daily and is charged monthly. You don’t have to pay on a set schedule. It will increase your loan balance if you don’t pay on schedule.

[WealthOfNations @WealthOfNation7]

@AnthonysTown @BowTiedBull Google the solution so you know what to do once you make enough. It’s optimized by electing to be taxed as a corp, dividends, and other methods.

[WealthOfNations @WealthOfNation7]

@DraperMP @Musa_alGharbi @nytimes Lookup the cost of a 1BR on the upper west side. They chose a smaller apt for location proximity to Central Park and museums.

[WealthOfNations @WealthOfNation7]

@AbhiDhabi5 @texual @Musa_alGharbi @nytimes The article is talking about people choosing private daycare. Public school daycare is taxpayer subsidized in nyc for 3-k and pre-k.

[WealthOfNations @WealthOfNation7]

@EnergyInflectX @dollarsanddata Two things can be true. Many in nyc are well below middle class too. Compare what $500k in nyc after tax gets you in terms of housing, food, childcare, general cost of living, etc. and compare it to what you can get in other parts of the US.

[WealthOfNations @WealthOfNation7]

@SKIMASKSTUFF @BowTiedBull Either the loan interest goes unpaid/compounds, or the loan balance gets paid down from dividend income, or you us other income sources eventually pay the loan balance down.

[WealthOfNations @WealthOfNation7]

@money_cruncher It’s about liquidity and which tax bracket you’ll be in later. If you plan on being in the same or bracket, it’s all going to come out taxed at ordinary income rates instead of 0-20% capped

[WealthOfNations @WealthOfNation7]

@Cashstore1982 @BowTiedBull Also the costs of taking care of parents.

[WealthOfNations @WealthOfNation7]

@Cashstore1982 @BowTiedBull Yup. The key factors are marriage, kids, and keeping up with neighbors’ status symbols. Most ppl underestimate spending in middle age with kids.

[WealthOfNations @WealthOfNation7]

@money_cruncher BTC and ETH before maxing out 401k imo

[WealthOfNations @WealthOfNation7]

@money_cruncher Let’s face it. For most, it’s forced savings because they would otherwise be tempted to spend it throughout the year.

[WealthOfNations @WealthOfNation7]

@RevGroupLLC @money_cruncher Not misleading but the whole story is this needs to be your primary source of income.. any social security or W2 income would bump you into a tax bracket.

[WealthOfNations @WealthOfNation7]

@dvassallo @rsnball Also not free, Medicaid is paid for by American taxpayers.

[WealthOfNations @WealthOfNation7]

@thehealthb0t Looks like a win

[WealthOfNations @WealthOfNation7]

@ChrisRamsey60 Makes REIT investing that much more appealing. Collecting monthly or quarterly payouts with a % in return of capital depreciation and QBI deductions.