So many low IQ fake traders with zero investment experience just pure memecoin rug scamming experience and pad shill community rapists were telling you to long oil at 110 and short stocks and crypto with Bitcoin at 63k…..
Bloc these plebs. They don’t have your best interest at heart. They don’t even have their own best interest at heart cuz they are literal garbage
There is only one path to salvation and true financial independence and knowledge
Proven publicly time and time again for 15+ years
Weekly Wizdom
Obviously I am not the biggest Mamdani fan … but this is kinda good no? Basically it adds to cost of carry of owning property as a second or investment in nyc. The one thing that can happen is … investment properties and real estate market in nyc takes a hit… people dump secondary homes and investment properties and reallocate that money elsewhere ….
Which is fine? It’ll goto Palm beach … Miami.. etc etc
Prices in New York will drop. At some point there will be equilibrium where the cost of carry and price drop make sense…
It’s still New York. I am def buying another property in New York if this happens …
In 2024/25 I start build on chateau Wizard and bought my palm beach spot.
Hands down one of the best things I did.
Buying real estate is really just cashing out. If you have to take a mortgage etc etc then the decision is different but if your sitting on cash or made tons of PnL … buying stuff is one of the best decisions because most likely you will burn it all.
Houses are liquid… you can pull cash out very quickly. Buy shit when your up money… not because it’s an investment but because it’s really you making sure you don’t burn that money away… all the cars watches properties I bought last year.. if I left it in my spot bags of memes alt coins etc… I would be down 90%. Instead sold the top and cooking. All that stuff is super liquid. I can liquidate my watches prolly in 2-3 hours. Pull cash out of houses in a day or two. Or dump my car again within 24 hours at market
It’s all about perspective. Also owning homes cash is gangsta as fckkkk
Someone said I should bail him out for round 2.
wtf man yall are fcked … unless ????
























