06-04-2017, 09:26 AM
(06-04-2017, 12:05 AM)Trix Wrote: It's all a load of BS...
Every last little bit of it, re: the system.
It's all a bunch of imaginary crap.
They're going to use some kind of imaginary rule and impose it on everyone... you just have to figure out which one they're gonna go with.
The other thing is that these things aren't imaginary, they are real in the sense that a derivative might be a bet, and a derivative of a derivative might be a bet on a bet, seems scandalous but really the people who are within this framework have little choice because of mathematics, I'm not convinced it's all bad because at the end of the day, contracts can be moved.
I do think it's good to know what's what of course but all creative solutions aren't bad just because they seem to bend rules or they might seem to be shady. Earlier I mentioned selling real estate contracts without ever technically owning the real estate, If I tried to do this in a new development (neighborhood), they might have within the contract that it isn't assignable, so in that case I might make the offer in a corporation name (like how rental properties are normally done), and rather than sell the contract I could sell the corporation for 100 grand.
