No Joke - Just Make It An Infinite Mortgage 🏠


Hello! Jesse Cramer here.

Thank you for reading The Best Interest​

And listening to my podcast, Personal Finance for Long-Term Investors​


From the blog...

With all this ink being spilled over the 50-year mortgage proposal, we’re reaching an asymptote.

Seriously.

An asymptote is β€œa line that continually approaches a given curve but does not meet it at any distance.”

Technically speaking, the blue line below never touches the red one, but the gap between them gets infinitesimally small, approaches zero, and might trigger your inner Isaac Newton to invent calculus.

And in the purest mathematical way, mortgages eventually hit their own asymptote.

Long-duration mortgages become identical to infinite (aka interest-only) mortgages.

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​No Joke - Just Make It An Infinite MortgageπŸ’Έ

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On the podcast...

As I'm tucking into a small slice of pumpkin pie, I'm welcoming Dr. Phil Pearlman on Episode 122 of Personal Finance for Long-Term Investors.

Phil is a psychologist, behavioral finance veteran, and founder of the Pearl Institute, where he focuses on how long-term health and long-term wealth are two sides of the same coin.

It's a perfect reminder as we start the holiday season πŸŽ…πŸ¦ƒ

​

Give it a listen πŸ‘‡

​Health and Wealth - The Power of a "Deeper Yes"​

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  • 🀫 From Freakonomics: "Is the Public Ready for Private Equity?" I think this is coming, so arm yourself now.

P.S. - if you find something great that you think deserves to be shared with our community, let us know!


What Are *Your* Questions?

I've been creating "ask me anything" episodes on the podcast, where I answer your questions about investing, financial planning, and retirement. They are quickly becoming my most popular episodes.
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Want to check them out? They're all here:

πŸ”— All of My AMA Episodes​

I'm collecting questions for AMAs 12 and 13.
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Reply to this email or send questions to Jesse [at] BestInterest [dot] blog


Work with Jesse?

By night, I run The Best Interest and Personal Finance for Long-Term Investors.

By day, I work for a fiduciary wealth management firm in Rochester, NY, helping busy professionals and retirees avoid costly mistakes and grow lasting wealth to and through retirement.

Learn more here --> Work with Jesse​


In Closing

Thank you, as always, for reading, listening, and getting in touch. The project continues because the audience (that's you!) is amazing.

People like you send me questions every single day.

I’d love to hear from you.

Go ahead! Send an email or ask me question: ​​jesse [at] bestinterest [dot] blog​

Until next week,

Jesse

Jesse Cramer

I help busy professionals and retirees avoid costly mistakes and grow lasting wealth through retirement. I write a blog, produce a podcast, and create this free weekly newsletter to an audience of 25,000+ monthly members. Subscribe and learn!

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