TheLodiLender
Lodi Lender

I've always been heavily into value investing and Warren Buffett. I think I came to realize BTC was wildly undervalued and have been digging deeper and learning everything I can about it since.

2024-01-22 06:00:43 GMT

a little BTC and a little lead go a long way 🤘🏼😎🤘🏼 as much as I love to shoot there is nothing more therapeutic than some good music and cleaning up afterward
https://m.primal.net/HYlL.jpg

2024-01-12 00:44:28 GMT

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while I completely understand the sentiment you don't have to sacrifice high pay.
this is why I preach so heavily about coupling BTC with real estate. I don't say this to brag at all but rather to help others. My wife and I are considered high earners for our ages and yet we pay almost no taxes. I would encourage anyone reading this to learn the tax game. It's an incentive structure with basic rules. They tax alcohol, tobacco, gasoline heavily etc because they want to incentive less of it. On the other hand they subsidize real estate entrepreneurship etc. My depreciation (phantom expense) wipes out most of our tax bill which enables us to make more and save the would be taxes and stack a ton more BTC.
just my 10¢ for what they're worth

2024-01-10 22:47:28 GMT

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npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

2024-01-10 22:46:05 GMT

https://open.spotify.com/episode/7vHfOoWgFXTNQGftHpYPPQ?si=Bu2I_cZ-S3KhOTgO1XsrGQ
another really good episode by @preston
Very rare that I find myself disagreeing with you @Preston but while I thought your analysis of the cost of a house/BTC vs USD was very interesting in that home prices fell relative to BTC, I also found myself disagreeing with some of the other analysis of real estate done.
Full disclosure, I work full time in real estate and my personal networth is 90% real estate and 10% BTC.
My disagreements are:
1) BTC will never replace real estate as a store of value nor is it a better store of value (at least in current system and in my opinion, reality). Real estate provides cash flow, tax benefits, and principal increase via debt/loan pay down. The cash flow alone makes it a more valuable asset than BTC for some people depending on their financial situation. Also tangibly owning land will always have value. While each serves a purpose, it is hard to compare BTC to real estate because the operate differently and solve different things for different people
2) Even the developer mentions that he is continuing to develop real estate because it is the better tool for growing and accumulating wealth because it is infinitely more dynamic and allows for more levers to pull.
Where I do think he hits the nail on the head is in supplementing real estate cash flows with BTC and using BTC in tandem as a savings account for CAPEX/maintenance reserves. Just my personal/professional thoughts and I'm just hoping to spark some interesting discussions 👍🏼
Overall, obviously love the show and never miss an episode haha

2024-01-10 22:30:38 GMT

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can never have enough

2024-01-09 15:22:11 GMT

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bummer, I was just starting to like it here 😔

2024-01-09 15:20:40 GMT

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oh wait hold up, they copied you and did it during the SVB failure. awesome 😎

2024-01-08 13:54:40 GMT

2024 goals
New year stack sats,
Train hard less fat.
Raise my son,
Read a ton.
Spoil wife,
Improve life.
Grow my business,
Improve my fitness.
Buy more real estate,
Take time to meditate.
Push gym maxes,
Avoid my taxes.
Foster deeper friends,
Reduce unnecessary spends.
#rhyme #bitcoin #2024 #goals

2024-01-04 06:49:19 GMT

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the people who did this were affiliated with/work for Fold. it's a debit card that gives BTC rewards haha I know the guys who did this 😂

2024-01-04 03:49:21 GMT

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wasn't this from Fold? the Visa debit BTC card?

2024-01-03 04:54:24 GMT

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do you have alby set up or what wallet with primal?

2024-01-03 04:52:49 GMT

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this is really sage advice

2024-01-02 14:59:14 GMT

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Zap sats, train lats, and avoid tax 🤘🏼😎🤘🏼

2024-01-02 14:34:06 GMT

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question on this: - what is the market dominance measuring? is that total value of BTC relative to crypto market?

2024-01-02 14:32:04 GMT

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Wealth means different things to different people and invokes different images. For some, it is lavish excess. For others, it is basic financial security. Still others, it means having assets pay for their basic living expenses. Hoping everyone finds their "wealth" in 2024 🤘🏼

2024-01-02 05:24:07 GMT

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what happened when you tried? because this is how I did it

2024-01-02 05:23:10 GMT

I'm surprised more BTC investors are not into real estate. They are the perfect pair. Real Estate can print money that can be converted to BTC and it provides massive tax savings if you ever need to report BTC capital gains.
I'm biased though... real estate is > BTC but BTC is a close second
#realestate

2024-01-02 03:33:14 GMT

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everyone is on their own journey. I can empathize with your friend. I went from stocks and value investing to Real Estate and BTC only. 100% of my portfolio is BTC and real estate. I have a master's in finance and a dual degree in accounting and finance but I still chose real estate and BTC. One cannot underestimate the incredible tax benefits of real estate.

2024-01-02 03:26:34 GMT

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some real estate is definitely a scam, I have mine set up to print me $1000's a month just depends on the asset and investor

2024-01-02 03:25:26 GMT

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each person has to do what works for them in their scenario. my wife and I personally love debt (I also sell mortgages so I'm definitely biased). but the levered returns and tax benefits are infinitely better than the cash flow.
I trade about 12k/year in free cash flow for 40-50k in tax savings.

2024-01-02 03:12:51 GMT

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thats gotta be...hard... for you haha

2024-01-02 03:03:17 GMT

2024 seemed like the perfect time to get into Primal and Nostr. Looking forward to a wild ride 🤘🏼
I would be remiss if I didn't blame @miljan and @preston for bringing me on

2024-01-01 19:27:11 GMT

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I think that makes a lot of us 😂