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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (12505)12/15/2021 10:05:01 AM
From: Kirk ©  Read Replies (1) | Respond to of 26443
 
I'm not sure about adding a pool, but I replaced single pane windows with dual pane and replaced my wood roof with concrete tile for good fire protection (that also required significant reinforcement of the roof for the weight) and my taxes did not go up since they are considered repairs. If you add square footage to your house, then what you spend will add to your assessed value, which otherwise can only go up 2% a year. The concrete tile roof is light colored so reflects sunlight AND is better vented so it actually made my AC bill drop in the summer.

Thus, owning a home here is a HUGE inflation hedge, especially if you followed my newsletter advice to keep a low rate, fixed loan with the money to pay it off in a portfolio of TIPS and iBonds... My iBond portfolio is larger than my mortgage now and it is paying over 5% and should go over 7% when the iBonds with 3.0% base rates hit their six month anniversary. I LOVE paying back borrowed money with highly inflated dollars!

Current Rates for New & Older I Bonds Note how my 1-May-01 iBonds are paying 10.23% interest!