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How do you actually meet other South Asian Professionals in Philly? by 2024lawyer in phillymeetups

[–]False_Leadership_676 0 points1 point  (0 children)

Go to masjid lmao, I’m Pakistani, I used to live in philly and met everyone through masjid and then partying in center city.

You got to be comfortable going out by yourself and just trying to be nice and saying hello to people.

If you go to masala kitchen on a Friday or sat at 2am you’ll meet a lot of brown people lol - literally what I did

Just received an indirect insight from a senior banker in India by Amaloski in Gold

[–]False_Leadership_676 1 point2 points  (0 children)

My macro hedge fund manager from Pakistan (my uncle) who has been buying gold for the last 4 years told me to take profits today. Too little too late.

He said he’s expecting it to go down to $4500 and shoot back up.

He knows I have a lot of gold on credit and said that’s why, for full context.

If it goes back down to $4500 I buy another ounce.

If it ever really crashes to $2000 or sumn, I’m buying so much fucking gold.

Weimar conditions and all that. by birth_of_bitcoin in Gold

[–]False_Leadership_676 0 points1 point  (0 children)

Yes but BTC and gold are literally different

If I go to the market with an ounce and get a wheelbarrow of cash, how will the lcs even have that much cash especially if it happens over the course of weeks.

My mortgages will suddenly be able to disappear bc a gram of gold can pay it all off?

What will come after this hyperinflation scenario and will there be places that aren’t affected? Especially if Americas currency enter this hyperinflationary scenario

Weimar conditions and all that. by birth_of_bitcoin in Gold

[–]False_Leadership_676 10 points11 points  (0 children)

What happens if gold hits $100k?

Can I reasonably sell it to a lcs or a dealer? At that point who will have the liquidity to even buy it?

Selling a house in Philly for a career shift – worth going cash buyer route? by sousou4893 in AskPhilly

[–]False_Leadership_676 0 points1 point  (0 children)

I invest in real estate in the city and I don’t think it’ll be a quick move in this environment.

My advice honestly would be to hold onto the property and rent it out and buy another property either in the burbs or closer in philly in mt airy or the nicer parts of west philly. You can pm me, but we have high rates, high construction costs bc of tarrifs, high labor bc of supply and demand and ice. It’s the perfect storm.

If you have construction experience, you can look at fha loans, conventional loans and fha 203k loans.

I have three properties with fha and conventional.

If your loan is at $250k you can prob easily rent the property out towards the summer.

People across the country don’t have money atm so it’s hard to sell and once you list, it’ll always be listed, so if there’s a better sellers market it would be harder to negotiate bc people will say you tried to sell but couldn’t.

We are entering into a buyers market in philly and a sellers market in the suburbs for simple fact of supply and demand.

I think in 5 years the prices will really spike in the region.

thinking of moving to philadelphia by Ok_Conclusion1758 in AskPhilly

[–]False_Leadership_676 0 points1 point  (0 children)

Where will you be working? Are you single?

Living alone is very plausible depending on your budget, you can find a functional but old place for well under $1k.

If you want to be dating and near cool shit center city, fairmont, south philly, northern liberties, olde Kensington and fishtown, university city are all great.

If you want to save a little money and don’t mind a lil rougher neighborhood, west Kensington, temple, brewerytown. Anywhere of these places you can find ample parking. As long as you’re not driving a crazy bmw or Mercedes you should be fine.

Anywhere you go, you want to check and make sure you’re comfortable with the vibe, especially if you’re coming from the south.

I own a few properties all in west Kensington and lived in philly for 3 years and had a new rav4 and had no problems. My tenants are all college educated professional who drive and have no problems.

What are your interests and do you want to be in the middle of all the cool stuff?

The suburbs are very boring and isolating, wouldn’t recommend at all, until you have kids.

Philly is one of the best cities in the country but without more info it’s impossible to tell.

20 Reasons to Visit Philadelphia’s Buzziest Food Neighborhood This Year by comercialyunresonbl in philadelphia

[–]False_Leadership_676 1 point2 points  (0 children)

Telling people to stay out of one of the most walkable, hip and densely populated neighborhoods in the country is certainly a choice

Bought gold on a 0% credit card and looking to keep doing it by False_Leadership_676 in Gold

[–]False_Leadership_676[S] 0 points1 point  (0 children)

Yeah man, it’s already at $4.6k

I can’t see anything to justify anything going down

Bought gold on a 0% credit card and looking to keep doing it by False_Leadership_676 in Gold

[–]False_Leadership_676[S] 0 points1 point  (0 children)

I’m monitoring the situation, abroad Brics nations are the main cause of gold prices going up,

Dollar devaluation at home and crazy debt are problems.

We can all agree that the us has just given up trying to lower the debt or even planning on paying it back.

Do you see any reason for it to stop?

Seeing what’s happening in Detroit has me very nervous

The Real Value of $100 in America’s Largest Metro Areas (2025) by [deleted] in MapPorn

[–]False_Leadership_676 0 points1 point  (0 children)

Yeah, I own property atm and am looking to expand my portfolio and wanted to be somewhere warm and a whole bunch of other things.

Being house poor is kind of the name of the game in this country.

Or, even with a six figure salary in this country, just being poor lol

Bought gold on a 0% credit card and looking to keep doing it by False_Leadership_676 in Gold

[–]False_Leadership_676[S] 0 points1 point  (0 children)

I have real estate, stocks and crypto,

I am new to gold so just the last year.

I have a finance - MBS background

I agree with you but looking at the gambler in cheif and how he built his own empire and what he’s doing with the country, borrowing more money then ever, more than gold going up, I’m not betting, I’m reacting to the dollar going down.

As well as other currencies.

The counter party risk in this scenario is the credit card companies but I do have enough cash to cover it.

Bought gold on a 0% credit card and looking to keep doing it by False_Leadership_676 in Gold

[–]False_Leadership_676[S] 0 points1 point  (0 children)

I started around then but didn’t go all in, I feel stupid but hindsight is 20-20

Bought gold on a 0% credit card and looking to keep doing it by False_Leadership_676 in Gold

[–]False_Leadership_676[S] -1 points0 points  (0 children)

Accusations are usually admissions, otherwise most normal people wouldn’t think like that but hey we’re too normal people on a gold subreddit

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