rlstc

[rlstc @wakeuptorealite]

Let's say for your average joe, paying it off faster costs an extra $200/fortnight, let's say you pay the minimum and invest that "extra" $200 in the markets at an average of 7%.

After taking into account interest how does this make sense?

repayments at 30 years mortgage = $1044/fortnight
repayments at 20 years mortgage = $1266/fortnight

Extra $222 per fortnight

$222 invested per fortnight for 10 years @ 7% =

$53,280 put it
$77,150 total

-

Interest paid over 30 years = $416,227
Interest paid over 20 years = $259,139

Extra 10 years of paying mortgage off results in an extra $157,088 in interest paid.

Sure you'll have $77k in the markets after the 10 years but youll be paying an extra 100k+ in interest.

[rlstc @wakeuptorealite]

Let's say for your average joe, paying it off faster costs an extra $200/fortnight, let's say you pay the minimum and invest that "extra" $200 in the markets at an average of 7%.

After taking into account interest how does this make sense?

repayments at 30 years mortgage = $1044/fortnight
repayments at 20 years mortgage = $1266/fortnight

Extra $222 per fortnight

$222 invested per fortnight for 10 years @ 7% =

$53,280 put it
$77,150 total

-

Interest paid over 30 years = $416,227
Interest paid over 20 years = $259,139

Extra 10 years of paying mortgage off results in an extra $157,088 in interest paid.

Sure you'll have $77k in the markets after the 10 years but youll be paying an extra 100k+ in interest.

[rlstc @wakeuptorealite]

@pozzie_t @BrianTamakiNZ Why are we so strongly supporting a country that commits such heinous crimes, why are they so protected?

[rlstc @wakeuptorealite]

@riskyrishad Building your insurance brokerage in nz?

[rlstc @wakeuptorealite]

@blvckledge Pmax

[rlstc @wakeuptorealite]

@lifemaximised PMax

[rlstc @wakeuptorealite]

@blvckledge LP

[rlstc @wakeuptorealite]

@val_shah Hey Val could you flick me a DM, thanks

[rlstc @wakeuptorealite]

@dasilvashadow Are you saying good luck to insurance in a sense that its hard to compete?

[rlstc @wakeuptorealite]

@RichTelfeja Interested

[rlstc @wakeuptorealite]

Future Catalysts For $COSMIC

Right now is a really interesting time for $COSMIC, they are right at the doorway to breaking out into having a live product and a user base.

Over the next few months, we should be watching for their physical devices launched & their app.

[rlstc @wakeuptorealite]

Node operators can list themselves in the marketplace and set an hourly rate that they want to charge for their internet.

Users looking for a connection can then scroll this marketplace and select which node they want to utilize based of their location and internet speed.

[rlstc @wakeuptorealite]

🌐 The P2P Marketplace

This is the aspect of $COSMIC that I find interesting and really sets it apart from traditional VPN services.

And that is the marketplace, where users select which nodes to utilize as their dVPN.