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Showing posts with the label Financial babble

Refi Time

Refinancing the house. Looking like a rate of 2.5% which is pretty fantastic. Current rate is 3.75%. This is the 2nd refinance on this house, but with rates this low it's hard not to jump at the chance. Was looking for another house but the market is too hot right now. Houses are selling too quickly and for more than asking. Maybe in a year or so I can pick back up and look around. Wasn't sure if I'm fully committed to moving out to the country. Still enjoying this house, but I knew I really liked it when I bought it. I didn't walk into this house and think "this is a perfect rental" like I did when I bought my first house. feeling pretty lucky to be "in" on this house and having the opportunity to do some renovations. 

Digital Assets

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Coinbase -  This is a place to exchange USD for some of the more common coins Like Bitcoin, Etherium, Litecoin, Dash. They are adding more coins as days go by, but if you want different or more rare coins you may have to get your USD into Bitcoin and then move it to an exchange. You'll have to send the crypto coins over the blockchain using a hashed version of the public key. The private key is the security behind your digital asset, don't share this with anyone you wouldn't want to have access to your coin.  The exchanges peg Bitcoin to the other "altcoins" (altcoins are anything that isn't Bitcoin). The price of the altcoin is actually in Satoshis which takes a little getting used to.  https://www.coinbase.com/join/larris_z    Once you get your account set up in Coinbase, you can go to Coinbase pro (same login/account) and the trades are cheaper.  https://pro.coinbase.com/  This disadvantage to pro is that you have to put your funds into the account ...

DASH

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It's more than just the speculation of a made-up overly volatile value. I signed up for Robinhood today. so much easier to jump right into trading. Very similar to online poker or game. There's not really any explanation of what you are getting when you sign up though. It's not overly clear that you don't actually own the coins. It's not clear what this value is. Is this only the value in Robinhood? you aren't able to trade the coins or buy things... only paired to USD. There are projects and ideas behind crypto coins and tokens. Maybe I thought too highly of Etherium a few years back. I laughed at Cryptokitties, aren't we still laughing at Doge in TikTok? Until I have a better alignment to fanboi status, maybe I should just keep to BTC. And then I think about a recent experience that worked really well... Dash (the ap)- super fast wallet, low fees, easy sign-up, easy QR code scan for send/receive. Bitrefill (the ap)- buying gift cards. So many options avail...