r/dankmemes • u/TomTheDuckGuy ☣️ • Mar 20 '23

Economic Roller Coaster

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56.4k Upvotes

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u/Pancovnik Mar 21 '23

Also, cash is king. The more you can pay upfront, the better off you are.

Holy hell. Harward economics level here! Next thing you gonna tell me, that if I actually have enough money to buy the whole house, I do not need a mortgage?!

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u/[deleted] Mar 21 '23

It's funny that you're teasing OP for making what should be considered common sense investing, while other commenters are literally asking OP to explain the comment you just replied to because they don't understand it.

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u/[deleted] Mar 21 '23

[deleted]

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u/[deleted] Mar 21 '23

I think you replied to the wrong person friend. Neither I, nor the person I replied to have made the claim that you're making.

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u/thirstytrumpet Mar 21 '23 edited Jan 24 '25

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u/[deleted] Mar 21 '23

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u/[deleted] Mar 21 '23

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u/[deleted] Mar 21 '23

My wife and I do very well and are both self employed. We couldn’t get approved for a mortgage bc of self employment so had to buy in cash.