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A comment on How I Think About Debt. Parent comment

Re:How I Think About Debt by qudat on Monday May 06, 2024 @09:02PM (#40281206)
But can’t those all go to zero overnight, leaving you with nothing? The same could happen with a home, but that’s what insurance is for. So I guess the gamble is between a natural or fire disaster or our financial system collapsing.
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Re:How I Think About Debt by voidfunc on Monday May 06, 2024 @09:09PM (#40281231)
If the stock market all goes to zero overnight assuming you're working with indexes or reasonably balanced portfolio then we're all so fucked it won't matter whether you have a house or not.
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Re:How I Think About Debt by anon291 on Tuesday May 07, 2024 @01:32AM (#40282665)
No they cannot anymore than a house? Unless you purport that Intel truly does not own those giant facilities in Hillsboro, Oregon. Which, you can also have with a house if title falls through.
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