The bell rings.
The grills turn on.
For every trader who ever lost everything and still clocked in behind the Wendy’s dumpster...
$WEN
I like the stock.
$WEN is up 26%+ premarket after going viral
the thesis is simple:
“We need to save Wendy’s before it’s too late. If this company goes bankrupt, we’ll all be out of a job!”
is $WEN the next $GME or are we putting the fries in the bag?
🚨Republicans just voted 50-49 to hand the Boundary Waters to a foreign mining company that will pollute its headwaters & ship every last mineral to China.
Now it goes to Trump's desk, who has financial ties to the billionaire behind the deal. They're not even pretending anymore.
Buying commercial real estate is scam in canada… 🇨🇦
Let me explain why…
You buy $1M worth of plaza,
You collect 6% Cap rate which is standard,
Yearly rent is $60,000,
You put 33% Down plus loan fees,
lets say Total down combined fees will be around $360,000 including deed and lawyer.
Lets say 5.5% Loan on 20 years mortgage on remaining $666,000
Every month you pay an average $1812 interest on for 20 years.
Total collected rent
$60,000
-$22,000 (Loan interest yearly)
-$4000 Accounting fees
-$200 Corporation renewal fees
-$600 Bank account related expenses.
Bottom Line $37,000 Left
Now that $37,000 is taxed at 25% to 30% in Canada. little give and take so $9250 at 25% tax.
$37,000-$9250=$27,750.00
On the investment of $360,000 you make $27,750 and in return you have tenancy headache, late rent or default and liability related to your property.
Thats less than 8% return on your total investment
$VOO has paid 14.14% CAGR since inception.
Liquid cash, stock, ETF are real fortune.
it gives you freedom.
Liquidity is King.. 🤴