Prepare Yourselves... 2021 AEs
03-27-2021, 04:32 PM
#1641
Gets Weekends Off
Joined APC: Jul 2014
Position: MD88
Posts: 1,357
Originally Posted by FangsF15
Come on fellas. 17 of the last 19 posts belong in another thread.
I know I’m p***ing in the wind, but holy thread drift, Batman...
I know I’m p***ing in the wind, but holy thread drift, Batman...
03-27-2021, 06:46 PM
#1643
Gets Weekends Off
Joined APC: Mar 2019
Posts: 932
Originally Posted by FangsF15
You’re right. Folks. My apologies.
03-27-2021, 06:50 PM
#1644
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,544
Originally Posted by 20Fathoms
Despite my best efforts I still occasionally slip into addressing Batladies and Batgentlemen. I’m sure the folks from the Batcave will be along for my re-education shortly.
03-27-2021, 07:35 PM
#1645
Gets Weekends Off
Joined APC: Dec 2013
Posts: 2,236
Originally Posted by CBreezy
Sure, but instead of paying off my 3% APR mortgage, I'll leave that $200k in the stock market where is makes 7-10% annually.
03-27-2021, 07:53 PM
#1647
Doesn't Get Weekends Off
Joined APC: Jun 2007
Posts: 2,598
Originally Posted by Nantonaku
Exactly. Or have cash to put somewhere that pays 8% (like BlockFi or a normal savings account in the next few years after interest rates go crazy).
03-27-2021, 08:21 PM
#1648
Gets Weekends Off
Joined APC: Feb 2007
Position: Big ones
Posts: 708
Originally Posted by Flying Monkey
Indeed. My wife and I had been on the cusp of being debt free. That last PS check and the looming pandemic sealed the deal. Never looking back, whilst driving my cash car.
Dave would be so proud......
Dave would be so proud......
03-28-2021, 03:30 AM
#1650
Gets Weekends Off
Thread Starter
Joined APC: Dec 2007
Posts: 5,414
Debt is like flying an airliner. If you're well trained and seasoned it can be an incredible tool to do amazing things. If you're untrained and inexperienced it is highly likely you will crash and burn.
Dave Ramsey's approach is very good for majority of people who are not well versed financially so he uses the throw the Kitchen sink at all debt approach, even Real Estate debt. Outside of extreme situations like the Real Estate bubble, most financial experts would advise never pay off a piece of Real Estate. It is not difficult to exceed the interest on the debt investing(Stocks/Bonds/Real Estate/Commodities etc) over the remaining period of the mortgage.
https://www.fool.com/investing/2018/...arly-even.aspx
Sent from my SM-N986U using Tapatalk
Dave Ramsey's approach is very good for majority of people who are not well versed financially so he uses the throw the Kitchen sink at all debt approach, even Real Estate debt. Outside of extreme situations like the Real Estate bubble, most financial experts would advise never pay off a piece of Real Estate. It is not difficult to exceed the interest on the debt investing(Stocks/Bonds/Real Estate/Commodities etc) over the remaining period of the mortgage.
https://www.fool.com/investing/2018/...arly-even.aspx
Sent from my SM-N986U using Tapatalk
Last edited by Trip7; 03-28-2021 at 03:47 AM.
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