Credit 4 Assets is Hard

[thereallegend]

You can’t even buy stocks and bonds using credit

Supposedly you can buy real estate with credit? @Ai Impact

 

[Deleted member 6128]

You can even buy a business with credit

 

[thereallegend]

You can even buy a business with credit

Can’t?

 

[thereallegend]

You can even buy a business with credit

My strategy is to use credit for expenses and when my paycheck comes invest 100% of it into dividend stocks.

I’ll raise my credit limit to how much I can and just won’t pay it off because I’ll hide my money elsewhere.

Thoughts on this?

 

[Deleted member 6128]

My strategy is to use credit for expenses and when my paycheck comes invest 100% of it into dividend stocks.

I’ll raise my credit limit to how much I can and just won’t pay it off because I’ll hide my money elsewhere.

Thoughts on this?

Why dividends though?

 

[thereallegend]

Why dividends though?

I found a dividend index fund that pays out every month.
Plus I can exit out of it unlike bonds

 

[thereallegend]

Why dividends though?

The rates for bonds are higher than dividends.
I’ve also found a CD from another bank that’s pays more than bonds and hold your money for less time

 

[Deleted member 6128]

I found a dividend index fund that pays out every month.
Plus I can exit out of it unlike bonds

What’s the returns like

The rates for bonds are higher than dividends.
I’ve also found a CD from another bank that’s pays more than bonds and hold your money for less time

Why invest with your money and not the banks money though. If it fails you’re going to be in a load of debt

 

[thereallegend]

What’s the returns like

4% dividend stocks 5.35% bonds 5.35% CD

Why invest with your money and not the banks money though. If it fails you’re going to be in a load of debt

Because you can’t buy stocks, bonds and CDs with credit.
Use credit for living expenses. Use paycheck to invest.

 

[Deleted member 6128]

4% dividend stocks 5.35% bonds 5.35% CD

Because you can’t buy stocks, bonds and CDs with credit.
Use credit for living expenses. Use paycheck to invest.

Is that truly the best thing you could invest in though?

 

[thereallegend]

Is that truly the best thing you could invest in though?

What ideas do you have?

 

[thereallegend]

Is that truly the best thing you could invest in though?

Dividends payout at 4% but usually the index funds go up 7% a year on average

 

[twilight]

Dividends payout at 4% but usually the index funds go up 7% a year on average

doing what normies do to try and amass wealth is not a good idea, this stuff won’t ever make you good money, i would only do it if i had savings that i didn’t want to get raped by inflation

 

[Deleted member 7725]

doing what normies do to try and amass wealth is not a good idea, this stuff won’t ever make you good money, i would only do it if i had savings that i didn’t want to get raped by inflation

why not? u gotta get on ur 1,2,3,4,5,6,7,8 Ms in my bank account type shit.

 

[thereallegend]

why not? u gotta get on ur 1,2,3,4,5,6,7,8 Ms in my bank account type shit.

Even criminals need assets to money launder in

 

[thereallegend]

You have to take out a loan to buy dividend stocks and bonds

 

[thereallegend]

The loan is a lump sum in your bank account

 

[thereallegend]

Getting a $1000 shared secured loan at 5% interest to buy 6 month bond for 5.5% interest gained.

 

[thereallegend]

Certificate secured loan not share secured

 

[thereallegend]

Bnevermind can’t do that either