Huge thunderstorm, power is out for a lot of people.
First time I feel things shaking from the thunder. The shockwaves were pretty intense!
My issue, low battery πͺ«π
@BoomerDivvies This boomer I know once advocated for spending and enjoying life. π
You may not drop out, but I'd think you slowed down and are making different decisions than when you first started out.
People are still voting for handouts.
Government finances those by
- printing money
- borrowing money
- increasing taxes
All of the above cause inflation.
If everyone pressured the government to have a balanced budget and cut most of the shitty programs like Canada building housing in Bangladesh (wtf!) we wouldn't have this issue.
Inflation was not a problem when the budgets were balanced and the dollar was backed by gold reserves.
@JohnCarneyRE I was actually considering potentially selling and investing my equity. There are days I'm thinking of expanding my RE portfolio.
For now status quo.
Portfolio up $410,412.62 YTD. π’
My wife and I made $92,000/year when we started investing.
Our first contribution was $115 per paycheck to a 401(k).
The biggest lie people tell themselves is:
"I'll start when I have more money."
Start with what you have.
Let time do the heavy lifting.
@Mike_Sharpe_@SavingsCaptain I have cable that reaches the home with much faster speeds and much cheaper too.
It's really for rural and less dense places where the costs are much higher.
@JohnCarneyRE I have my home and 2 rentals, leveraged at around 50% on the full portfolio.
I have a huge stock portfolio.
I plan on growing both my IT and Soap/wellbeing businesses.
@JohnCarneyRE Nice! Congrats, that's a good start and you didn't spend an insane amount.
It's still possible and you're proving it. People just want to start in the heart of the 3 major cities, it's not realistic.
Congrats again!
People are still voting for handouts.
Government finances those by
- printing money
- borrowing money
- increasing taxes
All of the above cause inflation.
If everyone pressured the government to have a balanced budget and cut most of the shitty programs like Canada building housing in Bangladesh (wtf!) we wouldn't have this issue.
Inflation was not a problem when the budgets were balanced and the dollar was backed by gold reserves.
@DadisFIRE@theswansjr yep, in assets that actually have productive value. Bitcoin has not proven it can do better in bad times, it has actually shown to move like any other financial instrument.