Achieving More Notoriety
Once again Freedom 35 Blog has become the subject of debates and discussions across several online news sites and public message boards. 🙂
This humble little blog is becoming more popular than ever! I’ve found some of these online remarks and wanted to share them with my regular readers here. Below is a collection of mean comments about me and this blog from forums and discussion boards around the web.
Sweet butter crumpets! Well guess what, internet? Now it’s my turn to respond!
Where to even begin? Well first of all, let me just start by pointing out how surprisingly refreshing it is to hear all these unique viewpoints. 😀 As a novice investor who still has a lot to learn I genuinely appreciate any helpful feedback I can get. I don’t know any of these commentators, but I’m sure they’re all friendly people in real life.
But with that said, I can also take a hint. I think the general gist from these comments is clear: If interest rates go up then I’m screwed. 🙁
I would have to agree. I have always been complacent about cheap credit in the past. But I must face reality. I have a mortgage and some other debt obligations so I can’t just ignore interest rate risk anymore.
That is why I have recently taken steps to appropriately address this risk. 🙂 In October I wrote about borrowing $4,000 to purchase Royal Bank shares at $71 per share. Banks are in the business of lending money and collecting interest, so they stand to gain when interest rates rise. Once my Royal Bank shares increase in value I can use the returns to pay down my debts. It’s the perfect plan. I believe this new $4,000 investment will adequately hedge against the looming cost of any possible interest rate increase in the near future. 😉 I really appreciate the concern from all those commentators. After accepting and acting on their constructive feedback I feel much better about my financial situation now.
It’s important that we learn from our mistakes and move on with greater knowledge and experience. We should make decisions based on solid facts, sound reasoning, and undeniable evidence! Don’t let emotions get in the way of investment choices. 🙂 Money is a very personal subject, so do not take any of my opinions or suggestions as sound financial advice.
Thank you everyone, for reading and sharing! Putting together these comment compilations from other websites is always a ton of fun! If you want to read more internet remarks about this blog check out Part 1 from last year.
Random Useless Fact:
This was how the opening crawl of Star Wars was filmed back in 1980.