You are viewing a single comment's thread from:

RE: The Debt Economy: The Good & The Bad

Hi bros, great talk on debt. Debt is always good when building assets but not on luxury or unnecessary spending. Imagine going into debt just before a big bull run, would be the best feeling. Taking a loan to acquire an asset that appreciates in value is definitely the way to go.
Thank you so much for sharing and keep enjoying the weekend :}

Sort:  

Imagine going into debt just before a big bull run, would be the best feeling.

That will be so cool bro, only if we could perfectly time the market, even with the recent BTC pump, taking a loan to buy when it was low to sell high now will put a smile on one's face.
It is never a wise move to get into debt other than making use of the debt for gain, yes the plan might not work but the intent from the onset should always be using debt for profit.

Happy weekend bro, thanks for watching.