My debt is a ridiculous 8% mortgage.
Yet I am getting 50% annual returns on my bitcoin. It makes no sense to put that money into paying off my house. Think of it as an arbitrage play.
Discussion
Is this the definition of a speculative attack? Taking a mortgage to buy bitcoin would be true SA. I guess this is a second order SA
I have done two cash out refis to buy bitcoin on my last house, and then I used my equity when I sold the house to buy more. So, yes, I've turned my house into a speculative attack.