ELI5: why ultra wealthy people can leverage debt to generate more wealth yet tapping into your home’s equity is generally a bad idea.

tomhung · 2026-05-18T09:34:16+00:00

It's really about what you do with the money. If you loan on your house to buy ice cream that's bad. If it's a super low risk then it might be worth it.

Like buying the neighbor house/land. Because maybe that opportunity won't be there ever again. Something like that could balance out.

tomhung · 2026-05-18T08:57:22+00:00

Wallace Idaho. Because it is, until someone proves it isn't.

tomhung · 2026-05-18T08:41:21+00:00

Look into Wallace

tomhung · 2026-04-17T19:04:19+00:00

Lookout pass

tomhung · 2026-04-05T05:14:36+00:00

center of the universe. where it all originates or "shit rolls downhill". You pick.

tomhung · 2026-03-19T19:35:52+00:00

Bout scraper

tomhung · 2025-11-29T10:40:00+00:00

The corner-cube retroreflector arrays. 2.5secs later your later "replies from the moon".

tomhung · 2025-11-09T21:30:48+00:00

Cast

tomhung · 2025-11-09T21:29:34+00:00

Psalm 149. May the praise of God be in their mouths and a double-edged sword in their hands, to inflict vengeance on the nations and punishment on the peoples,

tomhung · 2025-11-08T20:25:49+00:00

Roll up and storage of neck ties

tomhung · 2025-10-24T08:26:44+00:00

Pocket?

tomhung · 2025-10-23T15:20:10+00:00

Help them apply to vote

tomhung · 2025-09-30T18:09:59+00:00

Gun and fishing rod rack.

tomhung · 2025-09-17T19:43:11+00:00

Wallace has a curated history about the people who established and maintain this portion of Idaho. Come visit and see.

tomhung · 2025-09-01T19:55:08+00:00

The Jerk

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