USD/BTC = $88,150
Block 928,717
Getting a few sats before Santa comes is always welcomed!
Here are the payout deets:
This month the dividend was good for
395 sats per share395 sats per share
Which is good for a total of 3,945 sats! for owning 9 shares.
Volatility in MSTR must be muted. Not much was paid out this week down a full $0.20
20% of all MSTY dividends goes back to the Stackers!20% of all MSTY dividends goes back to the Stackers!
By using zap rank by week @EconVerse had the top post! His post about long term interest rates captured the SN algo ranking.
Thanks EV! 395 sats are all yours. Just enough sats to give a loved one a Hershey Kiss đź’‹
Through 16 MSTY payments here are the stats:Through 16 MSTY payments here are the stats:
Sats to SN Pool = 24,297
Sats to the Top Value Posting Stacker = 30,089
Total Sats to SN = 54,385
Total Sats Earned from MSTY = 248,766
Commentary!Commentary!
Call me crazy but I am getting hypnotized by the bitcoin YouTube pitching this Horizon product where you can take some of your home equity and buy bitcoin, stocks, or whatever with it.
I’m thinking hmmm I can pull out a sizable sum let it ride on MSTY and juice the sat payments for stackers! MSTR having a price target of $8,000 what’s the worst that can happen hahaha!!
I just checked out that horizon home equity thing. That’s pretty cool.
If you can afford the payments you are probably better off getting a home equity line of credit but it is pretty cool.
Yeah for like the last 5 years I was wondering if I should do a HELOC. But never pulled the trigger. But why do you say this? Is Horizon charging more fees or the fact they take some upside when you sell?
If you take out 10% equity they could end up with 22.5%. That's quite a chunk. Sure the Bitcoin likely outpaces what you lose in home equity over that time but if you got a home equity line of credit and could service the payments you wouldn't lose any equity.
Even if you don't have a lot of excess cash flow (which is the situation I am in because I only work part time) it almost makes sense just to take the heloc, take 90% of it out right away and buy bitcoin but reserve enough cash to cover the heloc interest payments for a couple years.
HELOC it is!
Having any home equity is actually risky: don't ever pay off your house (in fact, I keep as little equity in my home as possible)
If you are under-insured: you lose (California wildfire victims)
If you get divorced
If you get sued
If the government wants your property
If you lose your job and can't make the mortgage payments (I know this is counter intuitive, but during the GFC, homeowners with substantial home equity were the first to be foreclosed on, while those with almost no equity got longer grace periods, and re-negotiated lower payments and rates more easily, since the bank stood to lose much more by foreclosing on properties in which the homeowner had little equity.)
The solution? Get that equity out: get a HELOC or second mortgage - now you have de-risked your house. Now, it is the banks problem.
Secure that equity in bitcoin -
divorce, imminent domain, lawsuit....just laugh in their faces
Heh. Judging by the responses to this post, there are still a lot of people tied to the mystique of building home equity.
Wow I never thought of it from this perspective.
Thank you so much! I'm very grateful and congratulations on the encouragement 🙏