Blort™ 🐀Ⓥ🥷☣️ on Nostr: nprofile1q…s60lz It's funny how much of financial institutions investing success, ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msas60lz (nprofile…60lz)
It's funny how much of financial institutions investing success, boils down to the old adage "A bird in the hand is worth two in the bush."
Eg banks charging account fees (bird in the hand) AND loaning multiple times the money out again (fractional reserve) to make fees off the mortgages (more birds in hand), while home "owners" gamble on property values (two in the bush).
When the market crashes, or unemployment strikes, the property often goes back to the bank, too.
#investing
It's funny how much of financial institutions investing success, boils down to the old adage "A bird in the hand is worth two in the bush."
Eg banks charging account fees (bird in the hand) AND loaning multiple times the money out again (fractional reserve) to make fees off the mortgages (more birds in hand), while home "owners" gamble on property values (two in the bush).
When the market crashes, or unemployment strikes, the property often goes back to the bank, too.
#investing