How to get filthy rich with the 50 Year Mortgage \ stacker news ~econ

pull down to refresh

How to get filthy rich with the 50 Year Mortgage youtu.be/c5yqqjAPIxI

985 sats \ 29 comments \ @BlokchainB 11 Nov econ

Adam does a really good job explaining the speculative attack on the banks and the whole fiat system.

The idea is simple lower your monthly fiat bills and stack Bitcoin with it. If you want leverage buy MSTR as well.

A 50 year mortgage at an interest rate below 10% to 20% is a losing trade in the long run. If you expect bitcoin to keep growing in fiat units then it’s a no brainer!

I won’t be doing this because I got the golden handcuffs! No way I would ever get a mortgage under 2%

But this is something to consider if this 50 year mortgage product ever comes to market (which I don’t think it will)

The Break Even 50 year mortgage rates vs. 30 year fixedThe Break Even 50 year mortgage rates vs. 30 year fixed

The Fiat gains at different bitcoin growth ratesThe Fiat gains at different bitcoin growth rates

![](https://m.stacker.news/116951

The risksThe risks

Always keep in mind as long as bitcoin has a fiat exchange rate you can always grow your stack faster by playing fiat games.

view all related items

0 replies \ @BlokchainB OP 11 Nov

The broken link!

110 sats \ 12 replies \ @kepford 11 Nov

50 year mortgages. What could go wrong? Seems likely this is a signal to me. Of what? Not sure.

124 sats \ 8 replies \ @Undisciplined 11 Nov

The bigger question is why these don't already exist.

110 sats \ 6 replies \ @SimpleStacker 11 Nov

My understanding is 30 year fixed rate wouldn't even exist except for the backstop provided by Freddie and Fannie

209 sats \ 0 replies \ @Undisciplined 11 Nov

Right, so these would be an even greater transfer of risk to the taxpayers from the banks.

110 sats \ 4 replies \ @kepford 12 Nov

100%. This whole system is backstopped by the FED. I don't think people really realize how deep the effects of the FED actually are.

215 sats \ 3 replies \ @kepford 12 Nov

People seem to understand that welfare creates dependency and a week class of people. They don't know that the banks get this as well as other industries like the airlines.

We have weak industry due to socialist ideas for business. We don't have free markets everywhere. And if you wanna see where this corporate welfare is present just look at industries that suck.

Banks, health insurance, airlines, and utilities. They are TOO important to NOT be exposed to free market pressure.

Crapitalism

42 sats \ 2 replies \ @BlokchainB OP 12 Nov

Don’t forget the soybean farmers

89 sats \ 1 reply \ @kepford 13 Nov

Farmers.

Hardly exhaustive

0 sats \ 0 replies \ @BlokchainB OP 13 Nov

Hahaha

reply on another page

0 sats \ 0 replies \ @BlokchainB OP 11 Nov

Haha

127 sats \ 1 reply \ @SimpleStacker 11 Nov

Of Trump panicking, imo

I'm panicking a bit too, it seems like my California is going even further left. If the result of Trump is making California go further left, then Trump is a failure in my eyes.

0 sats \ 0 replies \ @kepford 12 Nov

Really? If someone stands up to opposing views that are not congruent what would you expect to happen?

0 sats \ 0 replies \ @BlokchainB OP 11 Nov

The boomers rode the 30 year mortgage to wealth those who are smart can do the same with the 50 year

155 sats \ 1 reply \ @ThatWhichisNotSeen 11 Nov

there is a big difference between the creation of the 30-yr mortgage and where america was in terms of macro economics and it's own ability to absorb public expenses / projects...and where we are today with this idea. Because of how broke we are and how our public revenues will decrease over time due to population decrease and underwhelming productivity miracles, LITERALLY any new public program (be it this mortgage scheme or UBI or ...genuinely any public project) is dead before it even takes off.

69 sats \ 0 replies \ @ThatWhichisNotSeen 11 Nov

it's just fantasies (and the more communist and preposterous the idea, the more it'll be supported en masse) from here on out as the country declines.

100 sats \ 1 reply \ @optimism 11 Nov

"You will own nothing, and you will be happy"

Why? Cuz the bank will own you. And you will have to bail them out. Every. Single. Time.

192 sats \ 0 replies \ @ThatWhichisNotSeen 11 Nov

they for sure would if needed. the 50 yr mortgage (just as the 30-yr mortgage before that) is a bail-in for the banks.

95 sats \ 2 replies \ @SimpleStacker 11 Nov

Depending on how low the rate is, I'd totally be down to extending my mortgage another 50 years! Haha

42 sats \ 1 reply \ @BlokchainB OP 11 Nov

Hahaha I often thought about paying off my mortgage early to be debt free but then I think I’m much better off just buying bitcoin then pay off the mortgage once bitcoin grows big enough in dollar terms to pay off the mortgage debt

163 sats \ 0 replies \ @Undisciplined 11 Nov

I don't know if I'll be able to talk my wife into this, but we might try to downsize to a less expensive home and gamble on being able to refinance at lower rates eventually (not lower than we have, but lower than are available now).

80 sats \ 1 reply \ @ThatWhichisNotSeen 11 Nov

78 sats \ 0 replies \ @SimpleStacker 11 Nov

I mean, someone really should!

84 sats \ 0 replies \ @kurszusz 23 Nov

Hmmm...quite an interesting video. The principle should be considered, taking into account the risk factors of course...

54 sats \ 0 replies \ @grayruby 11 Nov

For most people I hate the idea of a 50 year mortgage. For sophisticated investors it is great.

30 sats \ 3 replies \ @SHA256man 11 Nov

deleted by author

73 sats \ 2 replies \ @SimpleStacker 11 Nov

why would you say that?

30 sats \ 0 replies \ @SHA256man 11 Nov

🔲🔳🏁 in spirit 💩 in thoughts 💀 in behavior

0 sats \ 0 replies \ @BlokchainB OP 11 Nov

Some people don’t understand fiat and leverage. If everyone took out a 50 year loan and DCA’ed the cost savings vs. a 30 year loan into bitcoin over the next 50 years the banks are left holding the fiat bag.

Then with your bitcoin savings you probably won’t ever need credit or a mortgage ever again.