Comment Re:If you can get banks to lend you $billions... (Score 1) 196
... Don't use debt to buy things that decline in value is not the worst personal finance advice I've ever heard.
Anyone with decent credit can use leverage. For example, if you take on debt to purchase a vehicle, you have a predictable cost for transportation that you use to get a better job and improve your standard of living - if you limit your view to the future value of the vehicle, you miss how leverage can be applied elsewhere in your life.
(and of course, stay away from $100k cybertrucks lol).