Quote:
Originally Posted by Ns RS
Greg, since Charley is your finance guy can you be mine so I can do a Roy build? I want to keep my $$ in the market per Investing 102 rules lol
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Every time I ask Charley for more - he tells me he's "between money".... Keep reading Investing 102 - then you become the bank.
Quote:
Originally Posted by Panteracer
Actually the money will cost too much after he borrows
From charley then loans it to you
Kinda like our banks who get it almost
Free from the government and then jack the prices
up with all kinds of BS conditions etc
When you don't need money they want to loan it
but if you do need it then they make it difficult
Not like the old days where they really wanted to help you
and actually acted like a bank
Better off financing yourself
Panteracer
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I'm able to borrow all the money I'd never need.... at usually less than 2%.... And I agree with you. If you don't need the money it's easily accessible....
Banks were never there to help you. They were there to make money off you lending you someone else's money and making the spread.
I think the banks changed when people changed. It used to be that PEOPLE WANTED to pay their debts.... now they just want everything and if they screw the bank and keep the stuff - they think they're smart.
My ex partner used to sum it up ==== The only people that ever screwed me - where the ones I trusted.
Simple enough... you only ever opened credit up to those you thought you could trust. Sometimes they screwed you. The guy you never trusted - was never given the chance.