Top Three Ways to go Broke

[BigBalls]

1) The ladies

2) alcohol or drugs

3) Debt or leverage

4)?

 

Im still questioning myself for not borrowing more when mortgage rates were 3%. Millions of dollars in real estate equity just sitting there. Rates are now close to 8% on non owner occupied properties. Don’t want to do that

 

 

• This topic was modified 4 hours, 49 minutes ago by BigBalls.
• This topic was modified 4 hours, 49 minutes ago by BigBalls.

[RWC]

Those 3 will get you every time.

4) Operating without an emergency fund.

Not having the cash set aside for life’s unexpected events can turn something minor into a major financial crisis.

8% Mortgage rates! Crazy, you have to go back more than a couple decades when rates were that high. Is that right or longer?

• This reply was modified 2 hours, 37 minutes ago by RWC.
• This reply was modified 2 hours, 32 minutes ago by RWC.

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