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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
    4. 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

      5 replies 1 retweet 168 likes
    5. 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
    6. 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
    7. Marc Christopher‏ @MarcChristophr Jan 28
      Replying to @arthur_affect

      Because if you have nothing else, you can live there. That’s the whole point here.

      1 reply 0 retweets 0 likes
    8. Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @MarcChristophr

      Right, but that sense of security isn't as solid as people think Even a fully paid off house costs money over time - property tax, upkeep - and most people who buy take on the additional liability of a mortgage And most people do not have a location-independent income

      1 reply 0 retweets 0 likes
      Arthur Chu‏Verified account @arthur_affect Jan 28
      Replying to @arthur_affect @MarcChristophr

      If it were true that "Once you own a house, no one can ever force you to move against your will again, no matter what happens to your finances" then it would be a very attractive decision to buy a house It isn't, though, and people thinking it is has caused a lot of grief

      10:33 AM - 28 Jan 2021
      0 replies 0 retweets 0 likes

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