Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Boolish who wrote (201631)	7/27/2011 10:20:46 PM
From: Cogito Ergo Sum	Read Replies (1) of 312999

True enough... When I bought my first home my rate was 12.5 maybe 12.85... close enough... :o) I scoff at the folks fearing 6-7 ;o) I have to tell you though that we had arguments about that my wife and I .. I was anal about paying it off... when I lost my sub contract job .. week one... was oh crap now what ... but figuring house paid.. missed the crash :O) I'll be fine... still fine :O) wife said the other day.. gee it is nice not having a mortgage to worry about.. it's a also a great piece of collateral in case...My curent home rates were much lower.. every renewal ,,, meant it was easier to up my weekly payment and principal reduction... trading to live isn't a union job with the government... been at it a while too now ... while money is still cheap the plan is to out trade the liability. I know some that thought that way... in the tech days... when it goes poof.. from the brokerage account it is not the same as your mortgageless home losing value... not at all the same... ;o) No trouble to sleep in your bed when your house drops 30% if it's paid off... just the way I look at it...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next