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Paying off your mortgage is a bad idea
4 months ago
126
Finance & Crypto
BITCOIN
BITCOIN JOURNEY
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88 SATS
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FINANCE
It does not make any sense to pay down debt if you have a low rate and long-term loan.
There is a HUGE spread between the interest (assuming it's less than 10%) which is the outflow, and the increase in purchasing power (historically 60%).
In fact, people should consider taking on more low rate long-term debt to buy more Bitcoin.
#bitcoin #investing #financialliteracy #mortgage #wealthbuilding #sats
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