mister_monster on Nostr: Debt... If you're not using it to turn cash flow into capital assets you're fucking ...
Debt... If you're not using it to turn cash flow into capital assets you're fucking yourself over. If the asset you buy on debt doesn't generate a larger return than your interest rate, you're fucking yourself over. You're borrowing from your future, and at an added cost. If taking on the debt doesn't make that future better, you're fucking yourself over.
Published at
2024-07-03 03:16:02Event JSON
{
"id": "52b42cf5479924d9ef48a16d0ec73a25f82ab520d830220b2f6f9d15dd113e08",
"pubkey": "dd2057556f88a64cacd075d007f1be480f949c91fd6d0c4d593baccdb2aabde2",
"created_at": 1719976562,
"kind": 1,
"tags": [
[
"e",
"9e6267f83eede069a874a1b426d4826e1bb068519fe392fe66d008d316617151",
"",
"root"
],
[
"p",
"bf41becc8831e7315d9a99f83f11690999605fbb59474234f091a61613dc5991"
]
],
"content": "Debt... If you're not using it to turn cash flow into capital assets you're fucking yourself over. If the asset you buy on debt doesn't generate a larger return than your interest rate, you're fucking yourself over. You're borrowing from your future, and at an added cost. If taking on the debt doesn't make that future better, you're fucking yourself over.",
"sig": "a96abc621f2c205e3208900d1f1de1057aef6c4eb38ceb14fcb5199a7e59fe6b6ab0d76bdec4d2d308abe5e44b8ba9477efa1184a10ae450e66cb900db855c1d"
}
