From Tokyo To New York, Stock Markets Are Hitting Unprecedented Highs:
Report – Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), Meta Platforms
(NASDAQ:META), NVIDIA (NASDAQ:NVDA)
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Loading...Stock markets worldwide are reaching record-breaking highs. This
unprecedented rally, spanning from Tokyo to New York, has seen 14 of the
world's...
1 hour ago
I agreed with u. Debt free is always good.
ReplyDeleteEven if u got lay off then u got 1 thing less to worry
Actually owning good debt may not be that bad idea. But the key thing is if one can have the holding period to tide over the crisis period of a few years. If one can pay off his mortgage loan easily, I am sure his cash position will be good enough to last through the crisis period. If the holding period is short, then forget about owning a private property. It's risky in the current property peak.
ReplyDeleteI use my cash to do Value Investing and make sure my returns are 2-3 times more than what my mortgage interest is paid to the bank. In this case, I am making money by using bank money.