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Reply to "Taking out a second mortgage to buy stocks "
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[quote=Anonymous]This is smart move, no sarcasm. Housing is a depreciating asset going forward for a variety of reasons (unless you live in Silicon Valley or Seattle ). You take out the fixed rate loan and put it into the stock market and become part of ownership class. I would aim for Palantir and OpenAi, still have room to run when they are used by gov for everything. I am always skeptical of “this time is different”, but the current epoch is changing, to a world where there are owners and serfs with most productive and valued work done by machines. Get on the ride side of history. I am always[/quote]
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