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Elon Musk and his brother said he could survive on $30 a month eating ramen noodle, he slept a his office and took a shower at YMCA. Some people could do it, then know it's not a long term.
There are financing rules which make condos unfinancable in developments which are majority renter-occupied, This means that many low-end condos require all cash to either buy or sell, which keeps financially marginal people like me from buying and puts condo owners at risk of losing all their equity in a distress sale.
Apparently Fannie Mae is rolling out some 'improvement' in the condo financing rules which will make condos more liquid, but I have not yet seen any specifics.
Not bad, lots of homeless people use YMCA, I used it when I was a student. Either that or the cheap. Erosion of 24- hour fitness, I know because I talked to one.
You know, with just a small buffer (couple hundred bucks) one can avoid overdraft fees, payday lenders, pawn shops, etc. Is that a solution to poverty in and of itself? No. Does it help one avoid financial traps? Absolutely.
That small buffer of a coupla hundred bucks could buy a new bigscreen tv!!
Which Excuse Traded Funds (ETFs) do you recommend?
the FREEMKT TOTAL EXCUSE FUND
it has never failed to deliver an excuse on cue . it has a history of great consistency never having a really profitable year and it has learned to blame the resources of the world .
Which Excuse Traded Funds (ETFs) do you recommend?
I would buy the one with the highest fees and that way you can keep the excuses coming.
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