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May 10, 2024
11:07
:16
pm
BlueKoolaid13
Redshirt Freshman
What about 4%?
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BlueKoolaid13
Previous username
BleedBlue13
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BlueKoolaid13
Joined
Sep 15, 2018
Last login
Jun 21, 2024
Total posts
125 (0 FO)
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Messages
Author
Time
Your debts become smaller over time due to inflation. Don’t touch those 2-3% fixed mortgages until the last minute.
mulletino
mulletYno@gmail
May 10, 11:05pm
What about 4%?
BlueKoolaid13
May 10, 11:07pm
I’d make minimum payments for 30 years.
mulletino
May 10, 11:08pm
Hey like TNT's credit cards
TNT
May 10, 11:09pm
lol that TNT thinks we believe he has credit.
mulletino
May 10, 11:10pm
"Buy now, pay never." Always been TNT's philosophy
TNT
May 10, 11:11pm
Had planned on paying off mort before retiring but at 2.3%, we may keep it & invest extra elsewhere.
Soupie
May 10, 11:10pm
Smart. Your mortgage balance literally shrinks in value the longer it’s drawn out. Can be a powerful instrument.
mulletino
May 10, 11:12pm
Likewise. I’m at 2.25% and retire in 11 years. Was going to really try to pay
DwigtA2RM
May 11, 12:28am
Can still pay mort w/ just pension but might need to use a bit of 401 for a mission.
Soupie
May 11, 12:51am
Thr super rich do that plus level up:
KayakCoug
May 11, 12:03am
I believe this, interest rates new normal will be around 5%.
byucougarsbig12
May 11, 7:47am
Or you could have no debt and earn interest
CBaass
May 11, 8:09am
Or you can make 5% in a savings account instead of paying off a 2% mortgage. Not for everyone but I wouldn’t pay it off.
mulletino
May 11, 8:30am
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