People - you dont own assets unless they are in self custody.
All stocks are held by custodians and the DTCC holds the contract with a broker - not you. Two to three levels of counterparty.
All ETFs underlying assets are held by custodians - same thing.
All broker held gold and metals are held by a custodian.
All real estate is owned by the government and you have a title to entitle you to live there and reflect it as collateral. It can be seized at any time.
Until you understand and act on this now preparing for the future, you will be at risk.
Start accumulating self custody assets today.
🔥🚨DEVELOPING: A mind blowing drone light show depicting Jesus on the Cross was spotted in the skies of Manvel, Texas by The Church on Master’s Road. Thousands of drones were used to create this spectacle.
Happy Palm Sunday everyone! ❤️
HOSANNA to our King of Peace, our Lord of Lords, the defeater of death and saviour of humanity, Jesus Christ! 👑
HOSANNA HOSANNA IN THE HIGHEST JESUS CHRIST!!! 🙏
Adam Neumann
on the quiet revolution:
“Young people are interested in going to church. For years and years and years, the people who went to church were getting older and older, and the amount of people was declining, declining, declining, declining.
And something happened, in the last few years, where young people are interested in going to church.
More Bibles are being sold.
Something’s happening.
100%. It's everywhere you go.
People are more open.
People are ready for it. It's natural.
As technology is going to make us more and more digitally connected. We are going to feel more and more disconnected.
The more disconnected that we feel, the more we’re going to crave a real connection.
A real connection will never come by buying another car or buying another house, or owning another material.
A real connection comes from the inside.
A person who has unity from the inside, has unity to the outside.”
The next time someone tells they bought a house and sold it for double, get more details.
( 420k house with 20k down)
• Interest 7% $228,000
• PMI 1.5% $ 48,000
• Insurance $ 18,000
• Prop Taxes $ 32,000
• Maintenance 1% $ 32,000
• Sales fee $ 48,000
Break Even Price. $ 802,000
Know the math of home ownership before assuming it’s a good investment. This math assumes 8 year hold time.
You may have paid down principal of $20,000 on your loan as the first 3 years is almost all interest.
Also it assumes insurance & taxes never went up. 😂😂😂😂
Investments in real estate should fund all insurances, taxes, interest, fees, maintenance, & management while still providing cash flow every month.
What to do? Rent where you live and don’t buy your first house until your investments in real estate can pay for where you live.
By the way I got a house for sale right now if you want to disregard this and buy a house.