SI
SI
discoversearch

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (260875)7/14/2010 5:04:29 PM
From: RetiredNowRead Replies (3) | Respond to of 306849
 
LOL. Well, I recently paid off my house. I've been sitting here with my retirement money 100% in cash and finally realized that paying off my house will take some risk out of my portfolio. For the remainder of my working life, I've increased my savings to my retirement accounts by the former mortgage payment to replenish my accounts. So cashflow-wise, it's a net zero change for me. As a result, my time to retirement hasn't change much, but my risk profile went way down. The gov't can keep it's interest payment subsidy on my former mortgage payment on my house. I don't want it.



To: tejek who wrote (260875)7/14/2010 6:44:44 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"I now sit in a livingroom that the previous owners painted red and gold."

TED! It must really be tough if you can't afford a can of PAINT!

( Tip: Check all your local building supply and paint stores for mis-mixed custom colors. When you find some you like, (a dab of the color is on the top) buy them at prices often as low as $5 a gallon for premium paint that goes for $30 a gallon, will cover the old paint in one coat and last forever..)