Bank credit = free money

[Anon45x4yB]

Months ago, I received the fastlane newsletter in my inbox. It was talking about something like « test drive the fastlane lifestyle » where mj explained why he got a bank credit to buy a house.

It was like a no brainer for me, but I lost the mail.

So I just wondered if someone can find it please ?

I would love getting an eye on it

Thanks!

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[MJ DeMarco]

So I just wondered if someone can find it please ?

This might be it...

Ugh, here we go again...

preview.mailerlite.io

 

[Anon45x4yB]

This might be it...

Ugh, here we go again...

preview.mailerlite.io

This might be it...

Ugh, here we go again...

preview.mailerlite.io

- Blew my mind -
I mentalized it a lot but didn't understood a subtility : You got 1.8M @2.25%/year that cost you 6700$ montly but 1.8M on T-bills makes you +800$ (7500$/M). I presume that on side of this mortgage you owe 1.8M to the bank (that you amortize monthly ~22K?)
So you took 1.8M out of your pocket to invest it or you invested fed's money?

If I follow this logic, you can get paid to borrow as long as you got the same amount (from your pocket) invested at a better rate (easy).

Sorry in advance for the brain heating (I'm from France and we live in different banking systems).

Finally, As I'm 16, where can I learn such finance systems and methods? Where you learned this arrangement.

Thanks for all, i'll keep it

 

[ZackerySprague]

This might be it...

Ugh, here we go again...

preview.mailerlite.io

I think I missed that issue.

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.