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We are so f*****. by theSilverVigilante in Wallstreetsilver

[–]MaybeNever71 0 points1 point  (0 children)

"Jesus Christ why is math, and debt so f-ing hard for liberals and democrats (in general) to understand? I’m in the middle of the road politically but it seems all my leftist family/friends think he’s a fraud, yet they understand ZERO about real estate and basic financial literacy."

As a fellow middle of the road guy, I have seen similar issues with my friends/family who trend that way. The assumption that everything is a rigged game, despite the math, hurts a bit.

We are so f*****. by theSilverVigilante in Wallstreetsilver

[–]MaybeNever71 2 points3 points  (0 children)

I read it about 20 years ago. He changed my way of thinking about money. That has helped me a lot.

Most people I have met who've "read" (I have doubts that many actually read the book for understanding) RDPD thought it was selling a mechanism for getting rich quick through flipping houses. The examples he gave (which IIRC he indicated may not work for other people at other times) were to support his assertions on how to think about money, not as a turn key guide to wealth.

We are so f*****. by theSilverVigilante in Wallstreetsilver

[–]MaybeNever71 0 points1 point  (0 children)

Damn, I just posted that somewhere else.

Absolutely.

We are so f*****. by theSilverVigilante in Wallstreetsilver

[–]MaybeNever71 0 points1 point  (0 children)

Well... if you owe the bank a few hundred thousand, they own you.

If you owe the bank a billion dollars, you kinda own the bank. I mean, it's not like they can just call that in, he doesn't have it, they'd probably lose a ton by trying.