@BapidBeagle If I was you I wouldn't worry too much about the apartment - rather start preparing for how you are going to make money from the next market crash. Start researching companies now that you would like to invest in, start thinking of companies like Dollartree that will do well in a downturn. Good luck hun.
@smurfieboo Oh I will at some point it's just I'm 21 and saving up for a car then an apartment. Once I have a "home base" and have established minimalistic budget I plan on taking that money and putting it into investments/business college.
@ABCInfinit3 That is exactly what I came to but I suppose you have no idea when they will default. But it seems to me that if 20% default and %0% is recovered then that is your profit gone. But other than that these videos are brilliantly explained.
@KoalaBearWarrior They don't though. When those 200 people default you lose 200m off the principal. If 50% is recovered then you get 100m back so the principal is still only worth 900m. And then add the 10% interest the remaining 800 people are still paying which would be 80m a year.
Dude, you are awesome!!! I love these videos....thank you thank you!!
MrSirtomz 4 months ago
@BapidBeagle If I was you I wouldn't worry too much about the apartment - rather start preparing for how you are going to make money from the next market crash. Start researching companies now that you would like to invest in, start thinking of companies like Dollartree that will do well in a downturn. Good luck hun.
smurfieboo 4 months ago
@smurfieboo Oh I will at some point it's just I'm 21 and saving up for a car then an apartment. Once I have a "home base" and have established minimalistic budget I plan on taking that money and putting it into investments/business college.
BapidBeagle 4 months ago
@BapidBeagle why don't you day trade and invest in companies on the side?
smurfieboo 4 months ago
Who ever didn't invest into that model were the true winners at the end. This looks more like made legal pyramid scheme to me.
chocoboblue99 4 months ago
@ABCInfinit3 That is exactly what I came to but I suppose you have no idea when they will default. But it seems to me that if 20% default and %0% is recovered then that is your profit gone. But other than that these videos are brilliantly explained.
DAPATINATOR 4 months ago
is this guy a fucking genious or what? does anyone realize HOW MANY EFFING VIDEOS OF KNOWLEDGE HE HAS POSTED?!?!?!?
dantheman945 5 months ago
Right now I think I'd love to become an investment banker.
BapidBeagle 6 months ago in playlist Credit Crisis
@KoalaBearWarrior They don't though. When those 200 people default you lose 200m off the principal. If 50% is recovered then you get 100m back so the principal is still only worth 900m. And then add the 10% interest the remaining 800 people are still paying which would be 80m a year.
ABCInfinit3 8 months ago
@ABCInfinit3 yes, he's implying that the sales of the houses will cover 50% of the missed interest pmts for the period
KoalaBearWarrior 8 months ago