That’s why It’s important to do the EV calculations, and consider the pain of heavy debt loads if you’re significantly wrong about timelines WRT continuity of property rights and/or monetary value. Also, there really aren’t that many cases where financial investments become irrelevant and physical goods remain secure and valuable.
If you put a very high probability on collapse of financial value and loss of property rights on a short-ish timeline, you might consider high debt, but invest in experiences and capabilities rather than physical goods. Go back to school (in a topic you enjoy, not necessarily to get a job). Travel the world (has added advantage of making future permanent changes easier). Party and make friends.
That’s why It’s important to do the EV calculations, and consider the pain of heavy debt loads if you’re significantly wrong about timelines WRT continuity of property rights and/or monetary value. Also, there really aren’t that many cases where financial investments become irrelevant and physical goods remain secure and valuable.
If you put a very high probability on collapse of financial value and loss of property rights on a short-ish timeline, you might consider high debt, but invest in experiences and capabilities rather than physical goods. Go back to school (in a topic you enjoy, not necessarily to get a job). Travel the world (has added advantage of making future permanent changes easier). Party and make friends.