Why not?
That's effectively what you're doing by investing in Bitcoin while carrying mortgage debt.
Why not?
That's a good point...Why not?
That's effectively what you're doing by investing in Bitcoin while carrying mortgage debt.
Why not?
That's effectively what you're doing by investing in Bitcoin while carrying mortgage debt.
Sorry BS but financially it's the same thing.No its not. The question was ' remortgage your home '
No, the point is really very simple - investing while carrying debt is leveraged investing.Is the point your making that crypto investing is riskier than for example equity investing.
Sorry BS but financially it's the same thing.
Family home: €500k
Mortgage: (€200k)
Investment properties: €400k
Mortgages: (€200k)
Gold: €5k
Bitcoin: €5k
No, the point is really very simple - investing while carrying debt is leveraged investing.
I have not borrowed any EXTRA to invest in this asset, so I still don’t see how it’s leveraged.
That would surprise me - I thought you were all Bitcoin millionaires. Sure €5k is hardly covering the time you have spent studying it.
The 5k relates more to what the average investor may have initially invested recently, not its current worth.
If someone has mortgage debt while they have stock market investments, then they are borrowing to invest in the stockmarket, which is not clever, if the figures are material.
Absolutely correct.Would you remortgage your home to buy a €25 prize bond? Because that's what youre doing when you buy one while maintaining a mortgage. etc.
Absolutely correct.
It's hardly an earth shattering revelation but it's amazing how many people don't seem to understand this simple reality.
But landlord there is no grey!Once again I feel you are taking an a one sided view black or white without looking for any grey.
Absolutely correct.
It's hardly an earth shattering revelation but it's amazing how many people don't seem to understand this simple reality.
Would you remortgage your home to buy €200k worth of Bitcoin?