Proud to be a Scrapper? - Page 2

Originally Posted by hills

You don't really hit your stride till you're debt free.

We got a 2.75% loan rate. I fully expect for inflation to outpace the loan over the next several years, perhaps by a large margin if things go badly this November.

We will have no other debt than this home, and I think I can do better with our liquidity through prudent investing.

Originally Posted by auminer

We got a 2.75% loan rate. I fully expect for inflation to outpace the loan over the next several years, perhaps by a large margin if things go badly this November.

We will have no other debt than this home, and I think I can do better with our liquidity through prudent investing.

I have been thinking about taking out a mortgage on both of my places even though they are paid off just to invest the money. I have not had a mortgage for over 20 years and have to admit it is a great relief when you retire. My first mortgage was over 10% back in the early 80's. 2.75% seems like a no brainer, but the market might tank depending on the results of the election in November and what the Coronavirus does to our society.

Originally Posted by Patriot76

I have been thinking about taking out a mortgage on both of my places even though they are paid off just to invest the money. I have not had a mortgage for over 20 years and have to admit it is a great relief when you retire. My first mortgage was over 10% back in the early 80's. 2.75% seems like a no brainer, but the market might tank depending on the results of the election in November and what the Coronavirus does to our society.

There are ways to profit on a tanking market, but they are a bit trickier than prudent investing in a rising market.

Then there's always the contents of the 50 cal box.

As well as the vial of beautiful yellow metal I pulled out of the Colorado mountains. I can't get to that on a whim at the moment, or I'd shoot a picture of it, too... but neither can anyone else.

Originally Posted by auminer

There are ways to profit on a tanking market, but they are a bit trickier than prudent investing in a rising market.

Then there's always the contents of the 50 cal box.

As well as the vial of beautiful yellow metal I pulled out of the Colorado mountains. I can't get to that on a whim at the moment, or I'd shoot a picture of it, too... but neither can anyone else.

Did you find the buried treasure based on the clues? I forgot the name of the man that buried the treasure and started the Great American Treasure Hunt. If so it explains your mansion.