Taking out a second mortgage to buy stocks

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love mediocre white men. Your husband thinks he knows better than people who do this for a living. Not one professional would advise doing this.

People saying the market is overvalued and due for a correction: Jerome Powell, Mark Spitznage, Jamie Dimon, Ray Dalio, and numerous others including my husband, a hedge fund manager. It may not be this year, but it’s coming and your amateur husband isn’t going to be able to time it.

“transitory” JP and “never crypto” JD, hardly infallible.

I’m sure the dude you shack up has the true skinny on things though.

Like I said, I love mediocre white men like you. You make a few bucks in the market and think you’re Steve Cohen. My net worth is 40+ million though not all due to just husband - he invests in a friend’s hedge fund that’s been on fire for years.

Your DH net worth, purportedly. If I had 40+M I would never be on DCUM again, I would be too busy living a better life.

I don’t care if you believe me or not. It just shows you literally don’t know anyone wealthy. Are you on DCUM for some reason that I shouldn’t be? I hope you aren’t using this forum to make money.

Why wouldn’t a wealthy person without a job spend time on here? Instead of being on DCUM, shouldn’t you be working or spending your precious free time with your kids or cleaning your house? If I had such little time, I wouldn’t be on here debating an anonymous stranger about their NW.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love mediocre white men. Your husband thinks he knows better than people who do this for a living. Not one professional would advise doing this.

People saying the market is overvalued and due for a correction: Jerome Powell, Mark Spitznage, Jamie Dimon, Ray Dalio, and numerous others including my husband, a hedge fund manager. It may not be this year, but it’s coming and your amateur husband isn’t going to be able to time it.

“transitory” JP and “never crypto” JD, hardly infallible.

I’m sure the dude you shack up has the true skinny on things though.

Like I said, I love mediocre white men like you. You make a few bucks in the market and think you’re Steve Cohen. My net worth is 40+ million though not all due to just husband - he invests in a friend’s hedge fund that’s been on fire for years.

Your DH net worth, purportedly. If I had 40+M I would never be on DCUM again, I would be too busy living a better life.

I don’t care if you believe me or not. It just shows you literally don’t know anyone wealthy. Are you on DCUM for some reason that I shouldn’t be? I hope you aren’t using this forum to make money.

Why wouldn’t a wealthy person without a job spend time on here? Instead of being on DCUM, shouldn’t you be working or spending your precious free time with your kids or cleaning your house? If I had such little time, I wouldn’t be on here debating an anonymous stranger about their NW.

For whatever it’s worth, I certainly don’t believe you. I am with PP. But whatever…

Np

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love mediocre white men. Your husband thinks he knows better than people who do this for a living. Not one professional would advise doing this.

People saying the market is overvalued and due for a correction: Jerome Powell, Mark Spitznage, Jamie Dimon, Ray Dalio, and numerous others including my husband, a hedge fund manager. It may not be this year, but it’s coming and your amateur husband isn’t going to be able to time it.

“transitory” JP and “never crypto” JD, hardly infallible.

I’m sure the dude you shack up has the true skinny on things though.

Like I said, I love mediocre white men like you. You make a few bucks in the market and think you’re Steve Cohen. My net worth is 40+ million though not all due to just husband - he invests in a friend’s hedge fund that’s been on fire for years.

Your DH net worth, purportedly. If I had 40+M I would never be on DCUM again, I would be too busy living a better life.

I don’t care if you believe me or not. It just shows you literally don’t know anyone wealthy. Are you on DCUM for some reason that I shouldn’t be? I hope you aren’t using this forum to make money.

Why wouldn’t a wealthy person without a job spend time on here? Instead of being on DCUM, shouldn’t you be working or spending your precious free time with your kids or cleaning your house? If I had such little time, I wouldn’t be on here debating an anonymous stranger about their NW.

For whatever it’s worth, I certainly don’t believe you. I am with PP. But whatever…

Np

Again, it’s worth literally nothing to me. WTF would I care if some anonymous person in chat believes me? It’s something we don’t share IRL. I find it endlessly amusing that you people have such limited contact with wealth. My kids go to school, my husband works, what fabulous life do you think I’m leading day to day? Living like a RHONY? Too busy getting manicures? I’m just surprised at the amount of people who have jobs and kids wasting their time on here.

[Anonymous]

I think the $4OM poster should do an AMA. This could be as interesting as the Louvre heist. Dc needs some distraction from the fact that the White House is an open pit of corruption and the government is shut down while children go hungry and immigrants are being hunted in the streets. What else have we have to do besides browsing estate sales on the weekend and standing in line at the Capital Area Food bank pickup? Let’s Goooo!

[Anonymous]

Do it OP. Fortune favours the bold

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love mediocre white men. Your husband thinks he knows better than people who do this for a living. Not one professional would advise doing this.

People saying the market is overvalued and due for a correction: Jerome Powell, Mark Spitznage, Jamie Dimon, Ray Dalio, and numerous others including my husband, a hedge fund manager. It may not be this year, but it’s coming and your amateur husband isn’t going to be able to time it.

“transitory” JP and “never crypto” JD, hardly infallible.

I’m sure the dude you shack up has the true skinny on things though.

Like I said, I love mediocre white men like you. You make a few bucks in the market and think you’re Steve Cohen. My net worth is 40+ million though not all due to just husband - he invests in a friend’s hedge fund that’s been on fire for years.

Your DH net worth, purportedly. If I had 40+M I would never be on DCUM again, I would be too busy living a better life.

I don’t care if you believe me or not. It just shows you literally don’t know anyone wealthy. Are you on DCUM for some reason that I shouldn’t be? I hope you aren’t using this forum to make money.

Why wouldn’t a wealthy person without a job spend time on here? Instead of being on DCUM, shouldn’t you be working or spending your precious free time with your kids or cleaning your house? If I had such little time, I wouldn’t be on here debating an anonymous stranger about their NW.

For whatever it’s worth, I certainly don’t believe you. I am with PP. But whatever…

Np

Again, it’s worth literally nothing to me. WTF would I care if some anonymous person in chat believes me? It’s something we don’t share IRL. I find it endlessly amusing that you people have such limited contact with wealth. My kids go to school, my husband works, what fabulous life do you think I’m leading day to day? Living like a RHONY? Too busy getting manicures? I’m just surprised at the amount of people who have jobs and kids wasting their time on here.

So many words. We know you don’t care and folks here don’t give F either. Move on grandma.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I love mediocre white men. Your husband thinks he knows better than people who do this for a living. Not one professional would advise doing this.

People saying the market is overvalued and due for a correction: Jerome Powell, Mark Spitznage, Jamie Dimon, Ray Dalio, and numerous others including my husband, a hedge fund manager. It may not be this year, but it’s coming and your amateur husband isn’t going to be able to time it.

“transitory” JP and “never crypto” JD, hardly infallible.

I’m sure the dude you shack up has the true skinny on things though.

Like I said, I love mediocre white men like you. You make a few bucks in the market and think you’re Steve Cohen. My net worth is 40+ million though not all due to just husband - he invests in a friend’s hedge fund that’s been on fire for years.

Your DH net worth, purportedly. If I had 40+M I would never be on DCUM again, I would be too busy living a better life.

I don’t care if you believe me or not. It just shows you literally don’t know anyone wealthy. Are you on DCUM for some reason that I shouldn’t be? I hope you aren’t using this forum to make money.

Why wouldn’t a wealthy person without a job spend time on here? Instead of being on DCUM, shouldn’t you be working or spending your precious free time with your kids or cleaning your house? If I had such little time, I wouldn’t be on here debating an anonymous stranger about their NW.

For whatever it’s worth, I certainly don’t believe you. I am with PP. But whatever…

Np

Again, it’s worth literally nothing to me. WTF would I care if some anonymous person in chat believes me? It’s something we don’t share IRL. I find it endlessly amusing that you people have such limited contact with wealth. My kids go to school, my husband works, what fabulous life do you think I’m leading day to day? Living like a RHONY? Too busy getting manicures? I’m just surprised at the amount of people who have jobs and kids wasting their time on here.

So many words. We know you don’t care and folks here don’t give F either. Move on grandma.

DP I think the wealthy lady is telling the truth. Wealthy people don’t live life thinking “I’m too rich to do that.” No, they do whatever they feel like doing, which could involve reading real-time what people are thinking and saying.

Some think wealthy people are constantly busy rolling in the money, attending a never-ending stream of lavish parties and high-end shopping; any down time is spent bathing in champagne and enjoying the view from a mansion or castle.

[Anonymous]

Anonymous wrote:DH is convinced this is a brilliant move and has initiated a second mortgage on our house. $300K 30-year fixed APR at 8.49%. This gives us $950K debt total on a $1.3M house.

Wants to buy in to AI stocks before it is too late. Is everyone else doing stuff like this and I’m just overly conservative? This seems like a bad move.

This is why I am convinced we are in a bubble and a lot of people will be hurt financially. There are millions of people thinking like DH sadly.

"Greed is good" said Michael Douglas....

[Anonymous]

Don’t gamble with money you don’t have.