On: A Crash in the Dollar Is Coming

[mgr86]

> People buying debt at these absurdly low interest rates have, quite frankly, lost their minds.

how does this jive with

> I'm opting for...and real estate (with nice fixed-rate mortgage debt to purchase)

Honestly, I don't have a finical background. But isn't a mortgage just buying debt that is slowly paid off. I don't think real estate is a terrible strategy, but it does not always raise in value. 2008 was a reminder of that for a lot of people.

[mcfly1985 → mgr86]

People buying debt are the people buying bonds. Would you lend 100k to someone for 30 years at 3.25%? If you do, I think you're foolish.

However, if you're borrowing 100k from someone at 3.25% for 30 years you'll likely be very happy you did.

[mgr86 → mcfly1985]

Thanks for the answer. That appears to be a logical answer.

[polotics → mgr86]

A mortgage is selling debt, your own debt.