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arthur_affect's profile
Arthur Chu
Arthur Chu
Arthur Chu
Verified account
@arthur_affect

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Arthur ChuVerified account

@arthur_affect

Mad genius, comedian, actor, and freelance voiceover artist broadcasting from the distant shores of Lake Erie (he/him)

Broadview Heights, Ohio
arthur-chu.com
Joined August 2009

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    2. Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @thelindsayellis

      I don't really see putting your money in an index fund as "gambling" more than buying investment properties Individual stock picking absolutely is gambling though

      3 replies 2 retweets 180 likes
    3. Lindsay Ellis‏Verified account @thelindsayellis Jan 28
      Replying to @arthur_affect

      PROPERTY IS REAL YOU CAN PUT YOUR FOOT ON IT. STOCKS ARENT REAL ARTHUR

      48 replies 2 retweets 227 likes
      Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @thelindsayellis

      Just because you can put your foot in a house doesn't mean its value can't rapidly dwindle to nothing for reasons you don't understand or control

      10:02 AM - 28 Jan 2021
      • 1 Retweet
      • 168 Likes
      • McNugget Flan 🐊 NoMoreMalarkey clelia Orr 🧦picpants Monkeyapo Max ↙️↙️↙️🔰 Jolly (Dave Burklund) Crank
      5 replies 1 retweet 168 likes
        1. New conversation
        2. TexanUpNorth‏ @TheLegalV Jan 28
          Replying to @arthur_affect @thelindsayellis

          Also, someone can buy some shit stocks for hundreds/thousands of dollars. Buying real property and keeping your hands on it takes more than that.

          1 reply 0 retweets 1 like
        3. Arthur Chu‏Verified account @arthur_affect Jan 28
          Replying to @TheLegalV @thelindsayellis

          Actually buying a house to flip it or rent it out is a huge hassle (and a lot of Internet leftists would argue forces you into an unethical position) Buying the house you live in isn't "investment" but consumption (you can't get the money back out without risk to your lifestyle)

          2 replies 0 retweets 11 likes
        4. Show replies
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        2. Lindsay Ellis‏Verified account @thelindsayellis Jan 28
          Replying to @arthur_affect

          yeah idgi. a house is equity you can use you can use for stuff like, idk, shelter. you can't use stocks for literally anything. stocks aren't real.

          24 replies 0 retweets 90 likes
        3. Charlie‏ @odinoco35 Jan 28
          Replying to @thelindsayellis @arthur_affect

          that's true. Sucks, huh? People who bet fake money on fake things running the life of 99%. That's why people are willingly screwing over hedge funds

          0 replies 0 retweets 9 likes
        4. End of conversation
        1. Zack Stoltzfus‏ @RulesBot3000 Jan 28
          Replying to @arthur_affect @thelindsayellis

          Yes, and just because stocks/real estate/money/ownership are ALL socially constructed does not make them "not real"

          0 replies 0 retweets 0 likes
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        2. Marc Christopher‏ @MarcChristophr Jan 28
          Replying to @arthur_affect @thelindsayellis

          You’re missing the point in saying “value”. Yes, from a money standpoint, the land can be “worth” less, but even at $0 it still exists as a tangible thing with physical property. Stocks don’t offer that tangibility

          1 reply 0 retweets 1 like
        3. Arthur Chu‏Verified account @arthur_affect Jan 28
          Replying to @MarcChristophr

          Why the hell do I care about owning a tangible physical thing that I don't have any use for and can't get any money out of I mean, gold coins are also physical tangible things and unlike land they're also fungible (my gold can't go down to $0 unless all gold goes to $0)

          2 replies 0 retweets 1 like
        4. Show replies
        1. Joey Smith‏ @thesoyjim Jan 28
          Replying to @arthur_affect @thelindsayellis

          It's also kind of an "all your eggs in one basket" thing, right? If you buy a house, that can make sense financially, but you're making one big bet on the worth of that house vs an ETF which spreads the risk over a bunch of different companies.

          0 replies 0 retweets 0 likes
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