Message from @Krieger The Viking Plague Doctor
Discord ID: 445197977271795713
*morgages*
can I just buy things outright?
Why can't I use gold bars
You can if you're really good with money I guess
good ol gold and silver bars
also coins if you're into them
Gold and silver are poor investments if you plan on cashing them in, they are more savings hedges
I watch these american renovation shows and some houses in texas you can buy for like $40,000
It's so cool
nah I wouldnt do that
cashing out gold/silver I mean
thought I was considering going FX
I like the FX markets
Where I live houses went from 400k to 1.3 mil
Usually those are in really out of the way areas and have problems that need certified labor to fix so you really don't save much
unless you are certified labor. In which case its a labor intensive but profitable way to make money if you are good.
most expensive places: hong kong, hong kouver and sydney
Sydney is fucked
Rent in the outer rim of the suburbs was 550-600 a week for a shitty tiny house
I bet its alot cheaper to be in tokyo now or even a tier 1 us city
its pretty ridiculous
All the fucking chinks buying in sydney rose the prices up
sum - Today at 13:10
Why not just use debit? It was the default type provided for me by my bank
Given the choice I'd say that in every case debit > credit as at least in my opinion it's much more safer
not necessarily true, since credit card gives you
- consumer credit protection laws that allow you to chargeback more easily
- since it's technically the lender's money that is at risk, they'd be more incentivised to pursue your case and recover the money if shit goes down
- builds up your credit score
credit card is the way to go for dodgy transactions
reminds me of certain article
shit is fucked in burgerland around major metros too
Credit score shit is us only though
is it? What do banks do in other countries to ensure reliable returns?
theres a credit score system in australia
credit score isn't be all end all but gives you a rough picture of how risky lenders perceive you to be
it's certainly a big deal in the uk as well
I live in Melbourne and it's a pretty big deal. They shadily look at your credit score if you wanna rent sometimes.
Is it at least more transparent there?
lenders all have their own criteria, separate to credit score
I had a gym once run a credit check on me
Because shit is pretty much black magic in the US
*the real estate industry*
this is why I do outright
I dont have to worry about loan sharks