ST Alpha - "but seriously, if you're worth what he is on paper..." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 158

In response to "1% -- nm" by znufrii

but seriously, if you're worth what he is on paper...

Posted by znufrii Jul 16 '12, 10:05

why the f*ck do you even need a mortgage?

Responses:

[deleted]
cause people like him are not usually liquid at all. He will rarely sell stock and will most times just borrow against his shares. -- nm - decline Jul 16, 10:10 1
- which is why Mark Cuban getting out of his tech company worked out so well for him. - Beaker Jul 16, 10:16
... to keep assets liquid, maybe? -- nm - Beryllium Jul 16, 10:06 4
- how is something that is mortgaged more liquid than something you own outright? -- nm - zork Jul 16, 10:07 3
  - cash is liquid. money tied up in a mortgage is illiquid. -- nm - amanda Jul 16, 10:09 2
    - s/mortgage/house, yeah -- nm - Beryllium Jul 16, 10:11 1
      - "here's a cheque" "here's the deed" vs. "here's a cheque" "we have to wait until the mortgage company does all the paperwork" - zork Jul 16, 10:14
tax deduction? nm -- nm - groiny Jul 16, 10:05

Post a message top

Replies are disabled on threads older than 7 days.