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re: Official CryptoTalk Thread
Posted on 10/27/21 at 10:19 am to rocket31
Posted on 10/27/21 at 10:19 am to rocket31
For giggles I watched Dave answer questions regarding inflation; and he hasn’t budged. Still says put 15% into your 401(k) and pay your mortgage down with everything else
It should be borderline criminal as a financial advisor to suggest someone paying down their mortgage that aggressively in this low rate, inflationary environment
Paying anything above the minimum right now is an emotional decision, not a mathematical one. Throwing everything at it is ridiculously stupid.
It should be borderline criminal as a financial advisor to suggest someone paying down their mortgage that aggressively in this low rate, inflationary environment
Paying anything above the minimum right now is an emotional decision, not a mathematical one. Throwing everything at it is ridiculously stupid.
This post was edited on 10/27/21 at 10:21 am
1
Posted on 10/27/21 at 10:32 am to Ross
yea a lot of these guys like ramsey or burry get an "identity" and then they cant pivot away from it, and obviously have no idea how to master the new asset class.
burry stuck to being a bear and underperformed everyone now for over a decade
same mentality with gold bugs or like slackster types or even Link marines
new circumstances require new mindsets
burry stuck to being a bear and underperformed everyone now for over a decade
same mentality with gold bugs or like slackster types or even Link marines
new circumstances require new mindsets
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