āMortgageā literally translates to ādeath pledge or death contractā. The now 40 year old average home buyer + 50 year mortgage = 90 years old. Average life span in US = 74.8-81.1 years old. Even the current 30 year model lands us right around average life expectancies š³
The implication here is that a 50-yr mortgage will allow people <40 buy homes, thus reducing that age ... the $130 sound ridiculously low per month BUT it comes down to interest rates and spread between 30 and 50.
Thanks for the breakdown James. I've thought about a variation of the strategy you lay out in the last half of the article with my own home, which I own outright. Should I open up a HELOC and regularly draw out of it to buy gold & BTC to hold overtime. Let debasement draw down the value of the amount I owe on the HELOC while the hard assets appreciate? Haven't pulled that trigger yet.
Hey Captain. While I like the idea on the face of it, it is honestly impossible for me to individually recommend unless I know the entirety of your personal financial situation. That said, my situation fit this a few years ago, and it is exactly what I did.
According to Genius Act, the law establishes a dedicated regulatory framework for payment stablecoins, while excluding volatile crypto assets such as Bitcoin from this category.
Despite all this, do you still expect Bitcoin to move higher?
āMortgageā literally translates to ādeath pledge or death contractā. The now 40 year old average home buyer + 50 year mortgage = 90 years old. Average life span in US = 74.8-81.1 years old. Even the current 30 year model lands us right around average life expectancies š³
The implication here is that a 50-yr mortgage will allow people <40 buy homes, thus reducing that age ... the $130 sound ridiculously low per month BUT it comes down to interest rates and spread between 30 and 50.
Thanks for the breakdown James. I've thought about a variation of the strategy you lay out in the last half of the article with my own home, which I own outright. Should I open up a HELOC and regularly draw out of it to buy gold & BTC to hold overtime. Let debasement draw down the value of the amount I owe on the HELOC while the hard assets appreciate? Haven't pulled that trigger yet.
Hey Captain. While I like the idea on the face of it, it is honestly impossible for me to individually recommend unless I know the entirety of your personal financial situation. That said, my situation fit this a few years ago, and it is exactly what I did.
Very insightful, James. Thank you very much for this knowledge ā it truly helps sharpen my outlook on life. Wishing you continued blessings.
Great piece ,James as it feels weāre going into the last leg of this debasement.
šāāļø Ten percent return?
Hi James,
According to Genius Act, the law establishes a dedicated regulatory framework for payment stablecoins, while excluding volatile crypto assets such as Bitcoin from this category.
Despite all this, do you still expect Bitcoin to move higher?