- John Mauldin
Discussion
Being debt free is the first step .. many people suggest a mortgage (at 3 percent ) is good to keep cuz you can earn say 8 percent in #SPY or even more in #bitcoin .. with money that you had pay to square off the account ...
Nothing is farther from truth ..
If you are not debt free - your mind is locked in perpetual insecurity - Not worth if growth is built on fear !
If we're on the Bitcoin standard you won't need a mortgage because you'll be able to save the money without it losing value. In today's fiat system we are forced to take out loans because we can't save.