So right now I’m choosing to live in south beach instead of having another 10,000-20,000 shares of fannie mae.
I’m also choosing not to take on 2-6 more lines of credit that would enable me to buy another 20,o00 to 60,000 shares of fannie where i would subsequently immediately go into default on the monthly payments and destroy my credit score to make a million and i’m not sure that i’m doing the right thing here…
but, i mean, worst case scenerios…
so anyway, right now my leveraged free cash flow is $50/day that i can light on fire… is it illegal to light money on fire? I’ve been throwing it away, off balconies, into elevators, leaving it whatever, who cares, it’s littering and probably illegal.
but so anyway… sometimes i wonder if i’m being a wussy for not maxxing out credit cards, personal loans, and then epicly defaulting on them for the while until i might decide to pay them off… what is more valuable? $1,000,000 or good credit
i’m really not sure about if i’m doing the right thing, i wish that i didn’t feel guilty for not maxxing but i for sure do.
EDIT:
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Specifically, this is a violation of Title 18, Section 333 of the United States Code, which says that “whoever mutilates, cuts, disfigures, perforates, unites or cements together, or does any other thing to any bank bill, draft, note, or other evidence of debt issued by any national banking association, Federal …
- I’m not throwing money away. I’m giving it away to people who don’t ask for it.