This is simple ape like financial advice for fellow apes, a thought experiment for very rudimentary thought capacity:
Get a loan, borrow $100k @ 5% interest
Keep $40k in a separate account so you can pay the interest for 8 years. (8y X 5% X 100k = 40k 🐒)
Buy #Bitcoin for the remaining $60k
Wait.
Don't spend the money you set aside for servicing the loan.
Don't spend the bitcoin 🐵
Check the price after 8 years.
Celebrate.
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Replies (5)
the real 60/40 portfoliooooo
Bitcoin is not a get rich scheme. 🤦🏻♂️ muted
Hahahaha 🤣
What lenders are doing 5% on 100k unsecured? 😅
Well, I didn't say this was a very serious strategy, but if it were then all the apes 🦧🦍🐒 would need to go look for the proper collateral. For example; Short fiat with a mortgage, collect rent on the property to service the loan, short fiat by buying bitcoin. Double short!