[scaredyclassic]

Visa share price has been on an amazing 10 y run. Is this the end of the beginning or b of the e

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ah right, I forgot about that. So if my house is worth a million, and it’d rent for 60k a year, I’m making 6% tax free by just living there and not selling the house.

but i could still live there and get the 60k worth of owner equiv. rent even if i borrowed money against it. as long as i can still make the payments…

but frankly, id probably be happiest doing nothing.

i want a facemask that says: CAPITALISM IS THE VIRUS …

https://annlew.is/shop/capitalism-is-the-virus-facemask

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when i was paying down the mortgage, i thought, ah, freedom at the end of it. also, look at all this interest im saving.

But when the balance is low, i now think, well, then what? the equity sits there, not growing. why was i in sucha rush to pay it all off?

verily, there is no freedom in this life, financial life is just rearranging deck chairs on the titanic, moving money from this to that.

if rates were 1% id still probably be afraid to take it. too risky. even .5 %, Id be like, well, what if everythings flat for a decade or more?

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even at 2.5 % mortgage, I’ve got to beat a 4% taxable return to make the investment worth it after taxes. will that be tough over the next 15 to 30 years?

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Would it be crazy to just do the max cashout refi for 15 yeats and try to arbitrage a profit with a diversified portfolio. Hell make it 30. Thatll take me to almost 90.

Might be a little nervewracking but seems like a decent bet at 2 to 2.5 perc. 15 y mortgage.

Really weird—

5 y. arm rate HIGHER than 15 y fixed.

Does that mean the market think rates are headed down? You actually pay more for the chance to pay less, with a 10 year shorter term? Seems very very strange

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[quote=Coronita][quote=scaredyclassic][quote=gzz]SDR: I didn’t see even a cost difference for going 20 instead of 30.

Scaredy: avoid the big interest rate penalty for cash-out by doing a normal no cash-out refi, and then getting a HELOC if you actually need money.[/quote]

Problem is i owe only 175k and its not enough for the lowest rate[/quote]

Well, like I said, normally one would need get a mortgage to pay for a new house.

But lately I’m thinking ….

I need to find a new house so I can get a brand new mortgage.

Lol, yeah I know that’s backwards…But interesting times we live in.[/quote]

I really dont want any extra money. Its too painful to spend. But i want a 2.5 perc. Mortgage!

300k min to refi.

Money is annoying to ha e, not have, desire, avoid, slave for …its just a cruel mistress.

[scaredyclassic]

[quote=gzz]SDR: I didn’t see even a cost difference for going 20 instead of 30.

Scaredy: avoid the big interest rate penalty for cash-out by doing a normal no cash-out refi, and then getting a HELOC if you actually need money.[/quote]

Problem is i owe only 175k and its not enough for the lowest rate

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i just paid down my mortgage, a lot, but im a little tempted to start over and cashout refi at 2.5 %.

I was quoted 1.5 points on that.

im too scared to act at 2.5% i think but at some point,not sure where; 2% ? 1.8%? id feel like a dope for not taking the money and trying to beat it investing.

if oil can go negative, maybe the 15 y. could head down to close to zero? crazy.

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up too late again watching this damned show. tv was better in the old days. it was boring and it ended. now, it’s more riveting than movies and you can watch all night.

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[quote=gzz]Sharing a large lot with multiple houses with family sounds nice. Not so much a single house, even a big one.

Seems like most houses in 4S ranch are 3500sf on 5800sf lots with no grassy yard. Wouldn’t 2 houses on a 8000sf lot work better?[/quote]

in the clear light of monday, it seems like maybe this was a bit nutty an idea.

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Episode 11.

Weeping

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Yes.

I agree.

It was a nice passing fantasy.

I think i am meant to be where i am.

Lots of room for rough patch crashing. Parking for 20 cars or more.
Hellishly commutable to most so cal locations.
Nearly paid off.

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[quote=sdrealtor]Am I the only one who finds these posts unreadable?[/quote]

Its art.

I get a sense of a vision.

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Theyre very strict about no intoxicants. Thats why i dont drink anymore.

They got to me, the buddhists

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What are the four noble truths? Buddhism’s famed four truths are called noble because they liberate us from suffering. They are the Buddha’s basic teaching, encapsulating the entire Buddhist path.

1. Suffering
Life always involves suffering, in obvious and subtle forms. Even when things seem good, we always feel an undercurrent of anxiety and uncertainty inside.

2. The Cause of Suffering
The cause of suffering is craving and fundamental ignorance. We suffer because of our mistaken belief that we are a separate, independent, solid “I.” The painful and futile struggle to maintain this delusion of ego is known as samsara, or cyclic existence.

3. The End of Suffering
The good news is that our obscurations are temporary. They are like passing clouds that obscure the sun of our enlightened nature, which is always present. Therefore, suffering can end because our obscurations can be purified and awakened mind is always available to us.

4. The Path
By living ethically, practicing meditation, and developing wisdom, we can take exactly the same journey to enlightenment and freedom from suffering that the buddhas do. We too can wake up.

[Author]

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