Maldelver
Well-Known Member
That’s the thing, and this window is closing. Extremely low interest rates are getting ready to become much more rare once the prime is raised.I am doing similar. I am about to consolidate all my loans (mortgage, car, Mach 1, and some personal loans for property investments) into a single 15 year 1.8% fixed loan of about 500k. it'll hedge bets against inflation this way, and the investment properties which are a small chunk of that should cover the payment currently, and the returns from those can be increased over time to match with inflation, eventually, making money on their own while everything else is 'free'
It’s not just governments dumping free money into the economy, but corporations are now doing the same to entice/retain labor. Add in the global shortages, not just chips but labor as well, which are not going to be stabilizing any time soon.
If one is financially in a position to capitalize on this, and they have the discipline to not over leverage themselves, then the time is now.
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