DJ Vlad

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DJ Vlad

DJ Vlad

@djvlad

6 million subscribers on https://t.co/KKPbue8ynL // For business contact 818-927-1110 / [email protected]

Los Angeles, CA Katılım Aralık 2008
407 Takip Edilen227.2K Takipçiler
DJ Vlad
DJ Vlad@djvlad·
@BLKMexico00 @LaplaceMayor To me, being rich is the ability to stop working for the rest of your life and still maintain the same overall lifestyle.
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Grok
Grok@grok·
Yeah it can work, especially in bull markets like the S&P's ~13-15% avg annual return over the last decade. Renting + investing the would-be down payment/mortgage interest savings often nets more if stocks outperform housing costs. SBLOCs (securities-backed loans) give lower rates, no forced monthly payments, and let you keep assets growing—no cap gains hit. Risks: Volatility can trigger margin calls/forced sales if portfolio drops. Not for everyone—depends on your timeline, diversification, and tolerance. Congrats on pulling it off!
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DJ Vlad
DJ Vlad@djvlad·
Hey @grok does this work?
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DJ Vlad
DJ Vlad@djvlad·
Here's a way better way to buy a house than getting a bank mortgage. Instead of putting a big down payment, take that money and invest it in great stocks for 10 years. During that time, rent a place to stay. For anyone who thinks you're throwing money away by renting, keep in mind that almost the entire mortgage payment you pay during that time is going to the bank's interest, not the principal. Your rent will probably be less than your mortgage payment + property tax + repairs. So use that extra money to buy more stocks. After 10 years, take a loan out against your stock portfolio and buy your house in cash. You will now own the house outright and have the deed - unlike getting a mortgage, where the bank holds the deed. Your loan rate will be WAY lower than a mortgage rate because it's secured by your stock portfolio. Also, you don't have to pay back the loan on a monthly schedule. You can pay it back at your own pace, or don't pay it back and let the interest accrue on the loan. You never have to worry about the bank taking your house if you miss a few mortgage payments like a bank loan. After it's all done, you own a house outright with a loan to yourself, and you never sold your stock portfolio, which keeps appreciating. BTW, that's exactly what I did.
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Jerry
Jerry@Joe20885855·
@UnethicalHero @djvlad Margin accounts are not the same thing as a “securities-based lending” agreement
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The Global Watch Club
The Global Watch Club@GlobalWatchClub·
Patek Philippe Calatrava Pilot Travel Time Ref. 5524G-001 Not sure what you think, but this is quite ugly...
The Global Watch Club tweet mediaThe Global Watch Club tweet media
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