Comment on But how would they be able to live on that?

<- View Parent
Sylver@lemmy.world ⁨6⁩ ⁨months⁩ ago

That’s why they play a whole different game than us. He isn’t worried about paying back that interest or loan, he’s trying to find a way to make that $2m pay him back 1% or more per interest period. They never have to consider the loan amount, because those interest and payments will be done in 10 years while the profits from that loan will explode into hundreds of millions.

See? Anyone can do it, it’s honestly really fucking easy to come up with a million dollar idea. The hard part is that first couple million dollars. If you aren’t born with it, you will literally never have access to that type of wealth.

source
Sort:hotnewtop