Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
alasdair_
on Aug 31, 2024
|
parent
|
context
|
favorite
| on:
Buy, Borrow, Die – Explained
It’s 0.5% plus a portion of the asset appreciation, not just 0.5%
anonfordays
on Sept 3, 2024
[–]
Banks and investment firms are not allowed to loan money out privately for less than the AFS, which is 3.72% right now:
https://www.investopedia.com/terms/a/applicablefederalrate.a...
alasdair_
on Sept 4, 2024
|
parent
[–]
It's not a loan, it's considered a security.
anonfordays
on Sept 6, 2024
|
root
|
parent
[–]
It's a loan on securities, like a home equity loan. They are considered loans and such must follow the minimum interest rules.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search: