InvestorsHub Logo
Followers 34
Posts 3556
Boards Moderated 0
Alias Born 05/31/2001

Re: gdl post# 11034

Saturday, 04/04/2020 12:41:15 AM

Saturday, April 04, 2020 12:41:15 AM

Post# of 34036
I felt a few of the mortgage companies should have failed back in 2008ish. It would have forced some of these companies to be more fiscally responsible.

Debt is fine if you like that kind of thing...it's even manageable as long as things are going smoothly.

But, when things go bad, servicing the debt (individuals in particular) gets tough...

Problem we have now is that most of the revenue generating business are shut down until further notice...and the people that really need help are getting kicked to the curb...

So, when you get that take out, leave a little extra on the table...it is going to be a tough time for a lot of people for a while...

Stingrays fall into two general categories, bottom feeders and swimmers...um hungry

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.