Dec 15, 2018
6:11:43pm
6:11:43pm
Do you honestly think President Faust was telling us not to contribute to 401Ks
and other retirement plans until we've completely paid off our 3-5% mortgages? If so, you completely missed his point. The message is almost always to avoid unnecessary debt, particularly in the name of frivolous consumption.
Whether you realize it or not, saving for retirement while maintaining a mortgage is effectively financing an investment in stocks using your mortgage. You are electing to invest in the markets instead of paying down your debt.
Whether you realize it or not, saving for retirement while maintaining a mortgage is effectively financing an investment in stocks using your mortgage. You are electing to invest in the markets instead of paying down your debt.
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- anti_cynic
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- Megamind
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- May 3, 2012
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- Apr 25, 2022
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12/15/18 9:26am
12/15/18 9:29am
12/15/18 9:31am
12/15/18 9:38am
Not to mention time spent on the phone, online, and writing this CB post about it . . . and it's still not resolved.
12/15/18 9:43am
12/15/18 9:54am
12/15/18 9:55am
Not to mention that a fee for reconveyance 1- Is paid by everyone else as well. 2 - Was probably spelled
12/15/18 9:55am
12/15/18 9:42am
12/15/18 11:14am
12/15/18 9:58am
12/15/18 11:06am
12/15/18 10:54am
12/15/18 11:09am
12/15/18 12:26pm
12/15/18 2:49pm
12/15/18 10:27am
12/15/18 10:30am
12/15/18 11:47am
12/15/18 10:48am
12/15/18 11:36am