I still think anyone can do that, just on a smaller scale. Either way, sounds risky. Stocks sometimes go down as it turns out.

Canada. All of the banks I applied at asked for total assets, including TD and Scotiabank.

I’ve never made 6 figures before, but was asked to show my investment portfolio value when applying for a mortgage as it was part of my assets. Assets the bank could seize if I didn’t pay my bill.

TIL I’m the 1%.

Do you think you are disagreeing with me?

This only sounds bad for people with a love of beer and donuts.

Admittedly, I am included within that group. But if I wasn’t, I could see supporting such variable rates.

I don’t believe it was ever called ‘private mode’, or am I wrong on this?