I’m following the Saylor playbook! You can too!

I did it guys. I took out a HELOC for $70k and purchased $65k value of bitcoin! A few of you’d name this dumb, insane, no matter. Beneath is my logic:

• I’ve 6 months of "emergency" fund already.
• I can comfortably afford twice the minimal fee (beginning in February I might be rising this to over 4x)
• Additionally in February, I may even be rising my mortgage fee by 58%, including that on to precept.
• By June '26, I’ll have the HELOC paid off. I’ll see what the state of affairs is like at the moment, however the plan is to take out one other HELOC for $140k (elevated fairness in residence as a consequence of decrease mortgage steadiness and appreciation).
• By March of 2029, I’ll have my residence AND the second HELOC paid off. I’ll once more reassess and both take out one other HELOC or do different life issues.

https://preview.redd.it/ecphqm1190jd1.png?width=441&format=png&auto=webp&s=4b5ec693962451d1875ee8565cc1400774dea37e

As a aspect be aware: I additionally get yearly bonuses and RSU's vesting that once they hit, I’m placing all of it on my HELOC/Mortgage (50/50 cut up) to hurry up the above course of, and the explanation I can accomplish 2 HELOC's and home paid in 5 years.

EDIT: I bought a TON of questions on two issues particularly.

1. What’s my HELOC APR/Curiosity Fee? 8.5%. Nonetheless, as a result of I’m protecting the mortgage open for just one 12 months and 9 months, the rate of interest was not a giant consider my choice. The curiosity paid in 21 months at 8.5% versus say 6% is actually negligible.
2. What’s the math/logic I’m utilizing to find out if it was value it?

Mortgage quantity (which incorporates charges) = A = 72,385.
Curiosity paid on mortgage (use an amortization calculator thats obtainable on the net) = B = 7,273 primarily based on 1 12 months 9 months mortgage time period.
Goal BTC worth = C (Let's say 150k someplace between now and June 2026 after I count on to have mortgage paid off).

C – (A+B) = Revenue – (Revenue * Capital Features (15%))
150,000 – (79658) = 70342 – (10551) = 59791 TRUE revenue.

There’s solely two variables to the above equation:

• Value Goal (C).
• How lengthy I’m keen to attend for C. It may very well be 6 months from now, or 4 years.

Now clearly, in the event you assume BTC is a rip-off, then this isn't for you. In case you assume BTC received't hit that in 4 years, this isn't for you. If you’re like me and when you know BTC is unstable, however the PT 5-10 years from now might be nice, then the danger to me was value it.

Lastly, please don't have every other debt earlier than doing this. We dont have CC debt, automotive loans, or something however the mortgage. We are able to afford 4.25x the minimal on the HELOC and 1.5x on the mortgage – so if life occurs we are able to reduce. Do your individual diligence, discover your individual threat tolerance, and this isn’t monetary recommendation, however a path that I’m taking that you may too.