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27/05/20
16:46
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Originally posted by sydneybhai:
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soon very soon say max. 12mths as look at the top line growth rate and ecommerce opportunities worldwide and that’s why all retail minnows sold out from $40-$8-$40 and only big fundies took over the weak hands.... it’s all about growth I myself buy nearly $5k worth of items through APT every 6mths odd and it helps me budget myself so even things like from Typo I use APT....go figure!! lots of negates around economies going down and people may bankrupt etc once again I personally think that apt will be last resort to default on as they have no motivation with amounts so low not worth defaulting... for defaults my sequence would be: mortgages business loans personal loans car finance family finances credit cards then when maxed all out APT.....!! think it’s practical....
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Why would mortgages be defaulted first? It's your house. If it's an investment house then different story. Does someone actually value their credit card and car loans over their house? I think not...