Derek Moneyberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
I just think of them as different things.
So if it's your personal house, I'd just rather own it or have little debt.
If it's something I use for my business, my studios and stuff, I own those properties.
I have very little debt on that relative to their value.
And there's a fair criticism on the other side that somebody would say like, if you're a good businessman, you should, your money should be in the markets.
Your money should be in your investments, making you more money.
That's a fair argument.
I think it's a personal preference that, uh,
If you have a strong appetite for more risk and you're willing to tolerate the volatility of maybe losing all your properties and moving into a shitty apartment somewhere, okay.
Yeah.
If you like, okay.
I'm just a little less risk averse.
I'm not trendy.
I don't like a lot of, again, I don't buy trendy stocks.
I buy boring things.
I like safety and security.
I make good money from my business.
My business pays the bills and, uh, you know, and I put some money away every month from the business and make more money with that in the future.
If I don't want to run that business.
Okay.