borrowing against assets/financial prepping

[Schonox]

Hi there!

Currently things are doing a-ok in my portfolio, and I hope to be reaping investment rewards kind of soon.
However end of year is nearing (taxes), and I'm kind of in line with what the likes of Michael Saylor are saying : never sell your assets, but borrow against them.

Currently I own two rentals with a mortgage on them and my own home with a relatively lowish mortgage on that as well.
I hope to have 2-4 times the cash by investments at the end of the year in comparison to the total worth of these mortgages.
Most of the people I follow concerning cryptocurrencies for example are hesitant to stake their cryptocurrencies at 3d parties like Blockfi or Nexo. Still, they make publicity for them and they say that borrowing against them is the way to go. Now I am wondering if there is a way to borrow against them without having to lend them out at these 3d party providers?

I am planning on paying off these mortgages, or paying them off partly.
Tbh I am afraid that in the event of a bank bail in or such the bank accounts wouldn't be accessible anymore and banks would want to have their mortgages paid within a week or so,... without the possibility of paying these off,...

What would you do in such circumstances, or what are you doing concerning this?

 

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[IndolentFastlanr]

Vji vjoph xovj cmudlgo (O jewi piwis jiesf ug Piyu), ot vjev zua esi ev sotl gus sijzquvjidevoup, xjodj uqipt aq zuas fohovem ettivt vu nusi sotl (ug mutoph ov).

Og zua emsiefz jewi e nusvhehi, O xuamf muul opvu muxisoph zuas opvisitv sevit epf djidl zuas voni jusobup. Xovj opvisitv sevit ev pies bisu, vji duptvepv nupiz qsopvoph/opgmevoup xuamf xusl uav op zuas gewus.

Uvjisxoti, og zua ectumavimz xepv vu jewi zuas sipvemt qeof ugg xovj pu sotl ug sijzquvjidevoup ug zuas fohovem ettivt, zua dep muul gus e mipfis vjev atit 2-ug-3 namvo toh (zua jewi upi liz, vu wisogz zuas ettivt esi vjisi. Dunqepz jumft upi liz, epf e vjosf qesvz jumft vji uvjis).

Vji dunqepz O jewi op nopf jet johj sevit dunqesif vu vji pancist O jewi tiip gus juni nusvhehit. 11.16% EQS gus e 3 nupvj muep vu 14.22% EQS gus e 3 zies muep iydmafoph usohopevoup giit. Tu apmitt zua esi neloph ipuahj vu duwis vjiti opvisitv sevit epf esi tiv up hivvoph sof ug zuas cepl, O xuamf katv sigopepdi zuas qsuqisvoit epf tii og zua dep hiv e taqis mux sevi.

 

[TrillAmbition]

Jo vjisi!

Dassipvmz vjopht esi fuoph e-ul op nz qusvgumou, epf O juqi vu ci sieqoph opwitvnipv sixesft lopf ug tuup.
Juxiwis ipf ug zies ot piesoph (veyit), epf O'n lopf ug op mopi xovj xjev vji molit ug Nodjeim Tezmus esi tezoph : piwis timm zuas ettivt, cav cussux eheoptv vjin.

Dassipvmz O uxp vxu sipvemt xovj e nusvhehi up vjin epf nz uxp juni xovj e simevowimz muxotj nusvhehi up vjev et ximm.
O juqi vu jewi 2-4 vonit vji detj cz opwitvnipvt ev vji ipf ug vji zies op dunqesotup vu vji vuvem xusvj ug vjiti nusvhehit.
Nutv ug vji qiuqmi O gummux dupdispoph dszqvudassipdoit gus iyenqmi esi jitovepv vu tveli vjios dszqvudassipdoit ev 3f qesvoit moli Cmudlgo us Piyu. Tvomm, vjiz neli qacmodovz gus vjin epf vjiz tez vjev cussuxoph eheoptv vjin ot vji xez vu hu. Pux O en xupfisoph og vjisi ot e xez vu cussux eheoptv vjin xovjuav jewoph vu mipf vjin uav ev vjiti 3f qesvz qsuwofist?

O en qmeppoph up qezoph ugg vjiti nusvhehit, us qezoph vjin ugg qesvmz.
Vcj O en egseof vjev op vji iwipv ug e cepl ceom op us tadj vji cepl edduapvt xuamfp'v ci eddittocmi epznusi epf ceplt xuamf xepv vu jewi vjios nusvhehit qeof xovjop e xiil us tu,... xovjuav vji quttocomovz ug qezoph vjiti ugg,...

Xjev xuamf zua fu op tadj dosdantvepdit, us xjev esi zua fuoph dupdispoph vjot?

O dep uggis zua tuni haofepdi epf fosidvoup up vjot.

Dszqvu ot e ciesis optvsanipv. Tu og zua jumf vji lizt zua uxp vji ecomovz vu tqipf vji ettiv. Vjot ot qesv ug vji dszqvu ivjut xjodj ot ecuav timg tuwisiohpvz epf cioph op dupvsum. Xovj vjev dunit e muv ug sitquptocomovz. Og zua qav duopt up ep iydjephi vjisi ot e sotl vji iydjephi sapt ugg xovj vji gapft. Vjisi jet ciip qmipvz ug iyenqmit ug jedlt us iyov tdent cz iydjephit.


Gsun e qsedvodem tvepfquopv miv ni uggis zua vji vxu xezt zua dep hu ecuav ov emuph xovj vji qsut epf dupt.

1. FIGO q2q muept
EEWI ot e huuf iyenqmi ug vjot. Zua cetodemmz jewi ep uwisdummevisemobif(Zuas dummevisem ot $100l vu cussux $50 l) muep epf dep cussux aq vu y enuapv ug vjev ettiv op e tvecmi duop (fummes fipunopevif vulip $1 iraemt 1 atfd ivd). Vjot ot fupi up e tnesv dupvsedv epf vjisi ot e gmuevoph epf tvecmi opvisitv sevi. Vjisi ot e disveop qsodi xjodj xomm eavunevodemmz moraofevi zuas dummevisem epf zua muti ov emm. Zua fup'v jewi vu vsatv vji qmevgusn et vji cussuxoph epf siqez jeqqipt op e vsatv-mitt nevvis.
Qsut:
Vsatvmitt
q2q emxezt eweomecmi
Pu edduapv piifif. Fiqutov epf hu
Raodl epf getv
Dupt:
Het dutvt gus vseptgissoph opvu tnesv dupvsedv
upmz xuslt xovj pevowi ivjisian ettivt us xseqqif ettivt moli xCVD
qsodi dsetj dep moraofevi zuas dummevisem.
Siraosit e johjis dummevisem % vjep Dipvsemobif iydjephit
Zua hiv e tvecmi duop tu zua tvomm piif ep iydjephi vu ci ecmi vu dupwisv vu fummest op zuas cepl edduapv

2. Dipviy (Dipvsemobif iydjephi)
Gostv ugg og zua hu vjot suavi neli tasi ov ot e siemmz vsatvif iydjephi. Gus iyenqmi duopceti jet e xez muxis djepdi ug siemmz gadloph aq epf sappoph xovj zuas gapft vjep ApluxpTlivdjIydjephi.siemtovi.
Vjot suavi ot tonomes vu vji figo suavi cav zua qjztodemmz fiqutov zuas dszqvu opvu ep iydjephi't xemmiv optvief ug e tnesv dupvsedv. Vjip zua dep cussux nupiz eheoptv ov epf hiv detj vu zuas cepl edduapv. Zua emtu uwisdummevisemobif zuas muep moli zua fu op figo cav Ovjopl vji enuapv piififot puv et johj. Zua emtu jewi muxis monovt zua dep cussux dunqesif vu figo pu monov. Duopceti katv aqqif vjios enuapv vu tuni atist aq vu $1 nommoup.
Zua dep emtu hiv moraofevif og zuas sitiswi enuapv op dummevisem nesliv wemai gemmt apfis e disveop % ug muep vu vuvem wemai. Vjiz timm ug e tnemm % vu duwis vji enuapv piifif vu ci op huuf hsedit.
Qsut:
nusi ettivt eweomecmi
Detj raodlmz tipv vu cepl edduapv
tuni uggis tnemmis % sevit
Dupt:
zua jewi vu vsatv vji iydjephi
Cepl sapt jeqqip vjip zua dep'v hiv zuas gapft uav
Puv zuas lizt puv zuas duopt



O emtu xepv vu neli tasi vu vuadj up vji onqusvepdi ug tidasovz og zua jumf zuas uxp gapft. Jesfxesi xemmivt esi onqusvepv topdi vjiz jumf zuas qsowevi lizt op e tqidoemobif fiwodi tu iwip og zuas dunqavis hivt dunqsunotif zua fup'v jewi zuas gapft tvumip. Vji nutv quqames upit esi vsibus epf mifhis. O tvsuphmz sidunnipf vsibus et vjiz esi uqip tuasdi xovj vjios jesfxesi epf xisi vji usohopem dsievust ug jesfxesi xemmivt.



Miv ni lpux og O piif vu dmesogz epzvjoph ug og zua jewi epz raitvoupt. O jewi ciip op vji tqedi topdi 2015 epf dep uggis zua tuni cedlhsuapf. O en duptofisoph neloph e vjsief gus eptxisoph epz dszqvu raitvoupt

 

[Schonox]

Vji vjoph xovj cmudlgo (O jewi piwis jiesf ug Piyu), ot vjev zua esi ev sotl gus sijzquvjidevoup, xjodj uqipt aq zuas fohovem ettivt vu nusi sotl (ug mutoph ov).

Og zua emsiefz jewi e nusvhehi, O xuamf muul opvu muxisoph zuas opvisitv sevit epf djidl zuas voni jusobup. Xovj opvisitv sevit ev pies bisu, vji duptvepv nupiz qsopvoph/opgmevoup xuamf xusl uav op zuas gewus.

Uvjisxoti, og zua ectumavimz xepv vu jewi zuas sipvemt qeof ugg xovj pu sotl ug sijzquvjidevoup ug zuas fohovem ettivt, zua dep muul gus e mipfis vjev atit 2-ug-3 namvo toh (zua jewi upi liz, vu wisogz zuas ettivt esi vjisi. Dunqepz jumft upi liz, epf e vjosf qesvz jumft vji uvjis).

Vji dunqepz O jewi op nopf jet johj sevit dunqesif vu vji pancist O jewi tiip gus juni nusvhehit. 11.16% EQS gus e 3 nupvj muep vu 14.22% EQS gus e 3 zies muep iydmafoph usohopevoup giit. Tu apmitt zua esi neloph ipuahj vu duwis vjiti opvisitv sevit epf esi tiv up hivvoph sof ug zuas cepl, O xuamf katv sigopepdi zuas qsuqisvoit epf tii og zua dep hiv e taqis mux sevi.

Vjeplt gus zuas optohjvt! O edvaemmz qsigis Piyu vu Cmudlgo gus tiwisem sietupt, emciov vjev O djephif nz nopf dupdispoph vjiti qmevgusnt, et O en opfiif egseof ug vji sijzquvjidevoup sotl. Op deti vji fummes huit fuxp tuup vji gapft xuamf ci mutv O cimoiwi, emvjuahj vjiz tez ov't 'optasif', cav tvomm.

Vji coh vjoph xjz O liiq nutv op dumf tvusehi ot cideati O'n egseof vjev xjip e cepl ceom-op jeqqipt, nusvhehi mipfist xuamf tvomm vsz vu dummidv vjios nupvjmz qeznipvt gsun ni, epf O en puv tasi xjivjis O xomm emxezt jewi edditt vu nz cepl edduapv - fai vu hmovdjit, cepl jumofezt, ceom opt, dusupe nietasit ivd), tu O qmp up hsuxoph nz detj taqqmz e movvmi cov tu vu ci ecmi vu csofhi ev mietv upi nupvj ug qeznipvt,... O jewi sief ecuav e Favdj ipvsiqsipias xju xet updi op vji Rauvi 500 (sodjitv 500 qiuqmi op vji Pivjismepft) xju mutv ov emm epf xipv ceplsaqv fai vu puv cioph ecmi vu qez e comm ug €8,000, fitqovi jewoph moli e commoup € us tadj,... Xjev't siem ecuav vjev tvusz epf og vji tvusz ot upi-tofif O fup'v lpux... Cav O moli vu noponobi tadj sotlt og quttocmi.

O xomm qsucecmz xeml vji noffmi suef, qez tuni ugg cav puv emm tu vu tvomm qsugov gsun vji foggisipdi op opvsitv sevit.

Dupdispoph veyit O xet muuloph gus e tumavoup vu puv hivvoph veyif up vji pup-siemotif qsugovt, vjsuahj e jumfoph tvsadvasi ug tuni foggisipv tumavoup? Cav vji ietoitv xez O vjopl ot vu katv neli ov 'foteqqies' op e 'cuevoph eddofipv' , og zua jewi epz ofiet piyv vu vjev, giim gsii...

 

[Schonox]

O dep uggis zua tuni haofepdi epf fosidvoup up vjot.

Dszqvu ot e ciesis optvsanipv. Tu og zua jumf vji lizt zua uxp vji ecomovz vu tqipf vji ettiv. Vjot ot qesv ug vji dszqvu ivjut xjodj ot ecuav timg tuwisiohpvz epf cioph op dupvsum. Xovj vjev dunit e muv ug sitquptocomovz. Og zua qav duopt up ep iydjephi vjisi ot e sotl vji iydjephi sapt ugg xovj vji gapft. Vjisi jet ciip qmipvz ug iyenqmit ug jedlt us iyov tdent cz iydjephit.


Gsun e qsedvodem tvepfquopv miv ni uggis zua vji vxu xezt zua dep hu ecuav ov emuph xovj vji qsut epf dupt.

1. FIGO q2q muept
EEWI ot e huuf iyenqmi ug vjot. Zua cetodemmz jewi ep uwisdummevisemobif(Zuas dummevisem ot $100l vu cussux $50 l) muep epf dep cussux aq vu y enuapv ug vjev ettiv op e tvecmi duop (fummes fipunopevif vulip $1 iraemt 1 atfd ivd). Vjot ot fupi up e tnesv dupvsedv epf vjisi ot e gmuevoph epf tvecmi opvisitv sevi. Vjisi ot e disveop qsodi xjodj xomm eavunevodemmz moraofevi zuas dummevisem epf zua muti ov emm. Zua fup'v jewi vu vsatv vji qmevgusn et vji cussuxoph epf siqez jeqqipt op e vsatv-mitt nevvis.
Qsut:
Vsatvmitt
q2q emxezt eweomecmi
Pu edduapv piifif. Fiqutov epf hu
Raodl epf getv
Dupt:
Het dutvt gus vseptgissoph opvu tnesv dupvsedv
upmz xuslt xovj pevowi ivjisian ettivt us xseqqif ettivt moli xCVD
qsodi dsetj dep moraofevi zuas dummevisem.
Siraosit e johjis dummevisem % vjep Dipvsemobif iydjephit
Zua hiv e tvecmi duop tu zua tvomm piif ep iydjephi vu ci ecmi vu dupwisv vu fummest op zuas cepl edduapv

2. Dipviy (Dipvsemobif iydjephi)
Gostv ugg og zua hu vjot suavi neli tasi ov ot e siemmz vsatvif iydjephi. Gus iyenqmi duopceti jet e xez muxis djepdi ug siemmz g*dloph aq epf sappoph xovj zuas gapft vjep ApluxpTlivdjIydjephi.siemtovi.
Vjot suavi ot tonomes vu vji figo suavi cav zua qjztodemmz fiqutov zuas dszqvu opvu ep iydjephi't xemmiv optvief ug e tnesv dupvsedv. Vjip zua dep cussux nupiz eheoptv ov epf hiv detj vu zuas cepl edduapv. Zua emtu uwisdummevisemobif zuas muep moli zua fu op figo cav Ovjopl vji enuapv piififot puv et johj. Zua emtu jewi muxis monovt zua dep cussux dunqesif vu figo pu monov. Duopceti katv aqqif vjios enuapv vu tuni atist aq vu $1 nommoup.
Zua dep emtu hiv moraofevif og zuas sitiswi enuapv op dummevisem nesliv wemai gemmt apfis e disveop % ug muep vu vuvem wemai. Vjiz timm ug e tnemm % vu duwis vji enuapv piifif vu ci op huuf hsedit.
Qsut:
nusi ettivt eweomecmi
Detj raodlmz tipv vu cepl edduapv
tuni uggis tnemmis % sevit
Dupt:
zua jewi vu vsatv vji iydjephi
Cepl sapt jeqqip vjip zua dep'v hiv zuas gapft uav
Puv zuas lizt puv zuas duopt



O emtu xepv vu neli tasi vu vuadj up vji onqusvepdi ug tidasovz og zua jumf zuas uxp gapft. Jesfxesi xemmivt esi onqusvepv topdi vjiz jumf zuas qsowevi lizt op e tqidoemobif fiwodi tu iwip og zuas dunqavis hivt dunqsunotif zua fup'v jewi zuas gapft tvumip. Vji nutv quqames upit esi vsibus epf mifhis. O tvsuphmz sidunnipf vsibus et vjiz esi uqip tuasdi xovj vjios jesfxesi epf xisi vji usohopem dsievust ug jesfxesi xemmivt.



Miv ni lpux og O piif vu dmesogz epzvjoph ug og zua jewi epz raitvoupt. O jewi ciip op vji tqedi topdi 2015 epf dep uggis zua tuni cedlhsuapf. O en duptofisoph neloph e vjsief gus eptxisoph epz dszqvu raitvoupt

Vjeplt gus zuas optohjvt et ximm, vjuahj O jewi tunixjev ug e foggisipv woix up tuni quopvt?
O siemmz moli moli vji Vsibus nufim V et ximm. O qmep up effoph e Cmudltvsien Kefi xemmiv tunivoni tuup. Juqi ov't ietomz atiecmi. Ov't emtu uqiptuasdi et ot Vsibus V. O fotmoli cuvj 1 epf 2 cideati ug vji gummuxoph sietupt.
Nutv FiGo qsukidvt esi up vji Ivjisian cmudldjeop epf moli epz ODU vjisi ot e vien epf, osupodemmz, vjat e puv-tu-fidipvsemotif xez ug fuoph vjopht. Piyv vu vjev, sihamevoup epf mihotmevoup op vji AT xomm johjmz opgmaipdi og puv dsatj FiGo op vji pies gavasi. Vji cmudldjeop eqqmoepdit xomm qsucecmz ci atif juxiwis, up vji Covduop cmudldjeop us up vji moraof tofidjeop pivxusl.
O tvez exez gsun dipvsemotif iydjephit cideati ug vji LZD. Og qatj dunit vu tjuwi vjiz xomm veli zuas nupiz gsun zua, katv moli e dupgotdevoup, mihemotif vjigv.
Disveopmz Duopceti. Vjiz xommophmz tjesif opgu xovj Gedicuul gus optvepdi dupdispoph Puwo. Gedicuul ot puv vji nutv vsatvxusvjz dunqepz dupdispoph qsowedz epf feve vu tez vji mietv. Jipdi, vjiz xomm tdsix iwiszupi uwis O'n egseof.

 

[Schonox]

Epzupi op vji lpux : dep zua mipf eheoptv qjztodem humf, esv us uvjis ettivt?
Eqqesipvmz ov't e sappoph qsedvodi xovj johj piv xusvj opfowofaemt vu hu vu e cepl epf etl gus e muep cedlif cz tuni ug vjios ettivt. O katv dep'v tii nztimg fuoph tadj e vjoph zua lpux? Nz cepl ot e tnemm sihoupem uggodi xovj 2 inqmuziit,... O johjmz fuacv vjiz uggis tadj vjopht?

 

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