ElGuiri on Nostr: Hmm, been interested by Jeff Booth comments on property. After putting a reply on one ...
Hmm, been interested by Jeff Booth comments on property. After putting a reply on one of his posts, gotfg curious to run a really basic simple model to see if graphically demonstrates the point. Actually think it works reasonably although hyper rudimentary.
If someone were lucky enough to start with 1m USD and buy their home for 400k, a second home at 300k as investment, and the rest in BTC when it was 50k. Assuming 5% property value increase per year (didn't add income, I know), and BTC average 20% increase per year which is historically highly conservative, what does the portfolio look like after 10 years? In fiat terms, up from 1m to 2.634m but it btc denomination down from 20btc to 10.2. Maybe this kind of visual to show for orange pilling and explaining to change denominator? hmm
Published at
2024-09-19 21:45:46Event JSON
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