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> I have locked in a 30 year 2.3% mortgage, which I use for leverage

> but then I'm also making a margin on the leveraged capital.

Do you mind expanding on this? I’d like to understand what you are doing, as a fellow ridiculous mortgage holder.

A not very degen version of this is taking money that you might spend on your mortgage at a rate under 3%, and putting it somewhere safe that earns more than 5% (not hard to find).

Isn't what you describe using your own capital to use as an investment instead of paying down the mortgage?

How do you use the leverage (debt) from the mortgage to put in a 5% investment?

I already owned the house free and clear. Was offered stupid (good) terms for a mortgage so I took it. Used the money to create a return that pays back the monthly interest and principle while still creating a return AND tax deduction.

Ah, thanks for the explanation. Unfortunately not something I can do.

It's called a humblebrag. Person responded offtopic to demonstrate how savvy they are investing, then steered back on topic with a brief anecdote.

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