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billryan
billryan
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RogerKintSOOPOO
August 6th, 2026 at 8:33:04 AM permalink
Quote: DRich

Quote: billryan

Jeff Bezos had long planned to sell several billion dollars ' worth of Amazon stock this week. He once again got lucky as the stock soared over 20% before he sold. Imagine cashing in four billion to clean up some debts.
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I guess that I am just old school. My thoughts are that if you are worth $250 billion you shouldn't have any debts.
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If you are worth $10,000, you shouldn't have any debt.
The older I get, the better I recall things that never happened
DRich
DRich
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August 6th, 2026 at 5:53:39 PM permalink
Quote: billryan

Quote: DRich

Quote: billryan

Jeff Bezos had long planned to sell several billion dollars ' worth of Amazon stock this week. He once again got lucky as the stock soared over 20% before he sold. Imagine cashing in four billion to clean up some debts.
link to original post



I guess that I am just old school. My thoughts are that if you are worth $250 billion you shouldn't have any debts.
link to original post



If you are worth $10,000, you shouldn't have any debt.
link to original post



I agree that no one should accrue debt but in todays world that is nearly impossible for 90% of people buying homes. Also, there are way to many advantage plays where credit card debt can be advantageous. I would guess that I have collected more than $100,000 in benefits from credit card offers.
You can't know everything, but you can know anything.
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