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Kurt | 40 Plus Finance
6.2K posts

Kurt | 40 Plus Finance
@Finance40
Non-Wall Street Investor & Cashflow is King. On a mission to educate and liberate 1000 people over 40 from traditional finance mistakes.
Free Money Insights Over 40 👉 Beigetreten Nisan 2020
305 Folgt379 Follower

@1RentalataTime Back to the '50s house building style.
100%
There has been something like 60% home size appreciation over the 50ish years.
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@Lifeinvestmoney You need to rename your account "Worst Marriage Takes". Lol
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@zerohedge Better than the US requiring forfeiture of it like they did in the 30s
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U.S. Representative Introduces Bill To End Federal Taxation On Gold And Silver zerohedge.com/political/us-r…
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Great video here.
Broken money, you need to learn about why we have it and what to do.
Lyn Alden@LynAldenContact
I produced a half-hour animated overview of the Broken Money subject matter. It covers the history of money, the development of banking, and how new technology changes the way we interact with money over time. Enjoy: youtu.be/jk_HWmmwiAs?si…
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@dollarsanddata Got my start with a VA loan.
One of the most under used mortgage types and best benefits of being a veteran.
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I’ve paid over $350,000 of rent in my life and I may end up paying another $350,000 in rent before I ever buy a house.
My latest on the rise of the Forever Renter class:
ofdollarsanddata.com/the-forever-re…
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@SteveOnSpeed Congrats to you.
Amazing and sad to see people reply "But, property taxes!"
Almost to as as if you weren't living like alot of people would want to.
Keep it up.
GIF
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@SelfMadeMastery Someone lying about their success on the internet?
I learned long ago not to judge your progress against others, but only yourself.
GIF
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I recently learned that someone who's been publicly claiming they're banking 10-20k/day playing options has actually been lying about their plays and withholding massive losses and fabricating their portfolio value and share counts.
They're actually down hundreds of thousands of dollars (-60%)...IN A BULL MARKET.
They're literally just a gambling addict and their all-time portfolio performance chart tells the whole story.
It makes me wonder if a lot of these big trading accounts we see on X have similar stories.
I'll be honest, finding this out has made me feel like an absolute genius being a boring buy & hold investor with my measly 13% annualized return rate since 2020. 😂
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@AffordAnything Build baby, build. That's the solution.
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Around 70 percent of homeowners have mortgage interest rates that are more than 3 percentage points below the current rate.
This creates a golden handcuffs scenario -- a "lock-in effect" due to the financial penalty that comes from selling.
While this might sound like a 'champagne problem' 🥂-- a problem of abundance -- the reality is that many homeowners are reluctant to change jobs, relocate for work or family, or make other moves that would be beneficial to their lives.
The effect? A 57 percent plunge in existing home sales last year, according to a report from the Federal Housing Finance Agency.
This drop in supply is one reason why nationwide home prices rose 5 percent last year.
Rising home prices makes life tougher for renters, who feel increasingly shut out of the housing market.
Any renter who aspires to own a home faces a tough trifecta: high interest rates, high home prices, and low inventory.
It's the opposite side of the coin. Both renters and homeowners face a problem that stems from the same source: a constrained housing market.
There's not enough supply.
Manhattan, NY 🇺🇸 English

@NikiMarinis Same. Depends on my day and mood on whether I'm introverted or extroverted.
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