$73,863.26 💰📉
Another $5.22 knocked off the debt.
I gave $SATA $10K. They pay me $5.22 every business day, and I send it straight to the debt.
Make your money work. Then make it kill your deb...
I admire your risk tolerance
Assuming:
- stock price doesnt fall long term,
- income taxes are paid on dividends,
- dividends arent reduced or suspended,
- no executive errors or malfeasance,
- equity is sold and used to pay off the last $10k of debt,
- shares aren't diluted,
- withdrawals/sales aren't frozen,
it'll take roughly six years to pay this off.
There's lots of counterparty risk involved with this.
Me, personally, I see a greater potential return with less counterparty risk over the next six years by holding the actual Bitcoin.
Look at Celsius or MSTR as examples.
Assuming:
- stock price doesnt fall long term,
- income taxes are paid on dividends,
- dividends arent reduced or suspended,
- no executive errors or malfeasance,
- equity is sold and used to pay off the last $10k of debt,
- shares aren't diluted,
- withdrawals/sales aren't frozen,
it'll take roughly six years to pay this off.
There's lots of counterparty risk involved with this.
Me, personally, I see a greater potential return with less counterparty risk over the next six years by holding the actual Bitcoin.
Look at Celsius or MSTR as examples.