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Loans, Debt, The Federal Reserve, and, Dog Poop
Tuesday, 18 August 2009, 0:57 | Loans | 25 Comments | 28 Views
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Love it!!!
Your “dog poop” story is awesome!!!!!!!!!!!!!!!!
Thanks so much for this honest, insightful (& entertaining) video!
God Bless
If your a just a bit wiser, you’ll not buy the car you want, but the car that appears at the right price because the seller is keen to sell. They all have 4 wheels. And when you come to sell it you’ll get your money back, and then some. I have operated this way all my life and have had some great cars / bikes (plus a few clangers).
Hi, Good advice, but surly sometimes there is good dept like when housing is going up in price (not now but that was the case) you can use the dept to leverage into profit, but yeah cars only ever go down so its never an asset,
The guy WAS a preacher..
Your service is definitely worth it. The stock picks provided by your associated services are very good. The technicals seem to be backed by solid fundamentals. You have some very good insights. I am concerned that since you are right so often that the newbies will neglect thorough technical analysis, and never learn to pick good entry points. You have a very good service for the price. As an advanced options trader I would like to see better technicals from you.
So don’t get a mortgage? Just buy a house with your, say, $175,000 you have in your mattress …DUMB ASS?
TEECKARD – Hey, dumbass, I never said “never buy a house”. What I say is that debt is bad. If you want to “buy” a house, go for it. But, don’t confuse a “buy” with a mortgage. If you buy it, you own it. Ownership is good. Debt is not good.
How to own the car of your dreams with no debt 1st save $10,000 and put it into a small used car save another $10,000 in a year or two when you have the money trade in your small car plus the new $10,000 that say $15,000 to $18,000 now buy a car just a step up and repeat till you own flat out what ever car you want cash.
So, never buy a house, I guess. Please tell us more of your authoritarian, dog shit pie-feeding, God-fearing, right-wing libertarian opinions about debt.
mid-teens? like 16?!
you know what you are a little immature little brat
why are you talking,it would be better if you didnt!!
I like the financial info but the preacher is a little ignorant. Kids will here it no matter if they go to the movie or not.
Donald just emailed me threatening to sic the FBI on me if I didn’t clarify what I meant by “I’m coming for you.” I guess that could be interpreted the wrong way so let me clarify it. I’m coming for you on *YOUTUBE*. I am going to show everyone that your just a confidence man. Just like cramer and cnbc. Not a dimes worth of difference between the two. So, now we can let the FBI get back to important work like catching terrorists. And confidence men.
naw not with regards to dept, but the actuall apple pie “philosophy” (which was what i was referring to in the first place) is ignorant. the preacher is a little confused, to put it lightly, i just had to comment on him.
sorry ill leave you be now.
DEAFTUCH – Thank you for your opinion about “religion and politics”. However, it does not negate the metaphor.
i know it was the wrong place to post -”this is why religion and politics should be kept separate”- but that metaphor(SORRY)shows how ignorant preachers can be. and to think there actually supposed to be teaching people.
i understand that “any dept isn’t good dept”.. but its very easy to stay out of dept, dont spend more than you earn
you know why so many people are in dept? because less than 3% of Americans read books, your society runs off dept, even your country is in dept to the FR.
you win today don but I’m smarter than you.
I’m coming for you.
DEAFTUCH – The “Apple Pie Philosophy” applies to different people differently. If you can’t see the application of that “philosophy” outside of my video, then, you do not understand metaphors or parables.
this is why religion and politics should be kept seperate. the apple pie philosphy is ignorant, the children have presumably heard the bad words before.
point is they could have learned something from that film. you have to shelter them from some things in life yes, but bad words are part of our culture. if you shelter them from too much they grow up alienated. truely your just robbing them of learning experiences. you should teach them whats right, and whats wrong, dont hide them form it.
As Mark Twain said “You can’t buy prosperity”
But keep it up Don I love listining to your videos and educating us on the financial world. Im right now reading alot of stock market and real estate books and place a strong financial foundation before go out an investing. But im definitely going to join your service to learn more. Thanks for you what you do man!!
Well I agree and disagree with you here Don. I believe if you use debt to go on shoping spree at the mall, get a car loan to get things you want NOW is really bad since all these things depreciate immediately after you buy them (just like you stated in your video). But if you use debt to buy things that will produce you income or assets then that would be using debt to your advantage on things that have value. Using hard money loans to flip or fix up a house to sell at a higher price.
Actually you’re a tool. The simply point he made was that less debt is better than more. Debt should be avoided and be your last alternative. If you have a good biz idea, you should be able to structure it with a slug of equity and low leverage – find partners. Bet you can rent that house and save a lot of money. $100K for education better make you a doctor and not a BS in communications…
By this scheme, collateral for the US dollar has already dropped by nearly one-third in the last six months…
nowandfutures. com/images/fed_soma. png
…and now it looks like Britain is following suit:
spiked-online. com/index.php?/site/article/5002/
Stay out of debt? Good luck. Your unborn GRANDCHILDREN have already been sold into debt slavery for life…