also, if 80% of dude's wealth is just sitting in the bank, then he's retarded.
How Does One Become "Cash Poor"?
Noah Diaz
Benjamin Perez
>how_to_be_proven_wrong_with_one pic.png
Levi Ross
he's not retarded considering he probably loaded up on cheap stock in Dec. Exactly what he was speculating.
Brody Flores
old pic.
How to be proven wrong with a more recent (still old) video (also story she tells takes place during the time your pic was taken)
youtube.com
still tho. i wasnt trying to turn this into an argument about trump, my bad for using him as an example (this isnt Jow Forums)
I want actual financial wisdom?
is it possible for someone in my financial status to get a multi-million dollar loan to build an apartment in some city?
or is it possible to work my way up in real estate loans (start with office parks, move up to small suburban developments, then eventually build high rises)
Simplified: what steps are required to start owning apartment complexes and have them managed by people who aren't me?
Owen Price
meaning its no longer cash..., right? dude is investing that money. its not just sitting in a bank ready to be pulled out on a whim. its tied up in the market.
if not, then fuck, why's he holing onto 80% of his wealth, trickle-down economics doesnt work if rich people hoard all their money.
Blake Smith
also, thats probably a pic from his casino.. meaning that's no longer really "his" money. He cant just go there and take out half of the money and expect his casino to function. (tied up in business running-costs)
Liam Miller
>tfw no prime teen Ivanka gf
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Dominic Hernandez
Basically Amazon junkies.
I admit to being a eBay junkie and buying cheap servers and switches from Russia and China. (I'm probably on some watchlist at this point.)
Connor White
Stock is not hard to liquidate, it would not make anyone holding tons of it "cash poor". Owning $200m worth (or now probably $220m) of stock... It's not hard at all to liquidate. There are order types on big-boy brokers that allow one to scale out of those positions in even just one day.
Also I am sorry to tell you OP, but you're lacking the prerequisite IQ to be even just a millionaire. Good luck with your dreams.
Ethan Gray
Be the middleman for something, anything.
As middleman you charge fees and get commission.
In real estate you can charge a finders fee to an investor. Properties are easy to come by, investors want it on a platter.
Set up your own property management company and manage the accommodation for the investor too. Use booking & airbnb to rent it out. Dont be a tard, location is key.