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RE: Where will you spend yours?

in LeoFinance4 years ago

I consider myself immensely blessed that my work covers the bills and keeps the pressure off my crypto. Every time we get a bump, and I mention to my parents/in-laws, that we've had a boost and my crypto is worth another $10K, they fall over themselves suggesting real things to spend it on.
Doing up the back yard, buying a new car; the list is endless.
As if losing half in capital gains tax; then losing another half in resale value when I drive it off the lot, is somehow a sensible thing to do.
Play stupid games, win stupid prizes.

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So much "real" to spend things on in this world, yet people don't seem to own anything, so what have they really bought?

I think that how people talk about these things is a pretty good indicator of how they are going to use their resources - and most people dream of not working and having a lot of luxury.

Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn't, pays it.
_ Einstein.

It is no wonder that so little financial learning is offered to the average of the population - to the upper tier, none go without.

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I suggest keep your crypto and see were it go after Bullrun