[SOC] a lively list

[Michael Coslo]

Correct- a- mundo! I bought a house that was 50 percent of what the bank
would  lend me, (one of the real estate agents I tried called me stupid)
refinanced to lower the interest rate, not to buy an Escalade, arranged the
finances so that either the wife or I could be out of a job and we'd eat,
CD'd what I didn't need. No car payments - we bought new in '04 and '07 and
paid them off.

>From 1995 to 2008 I was the dumbest idiot to ever walk the planet Earth.
Then over night I became a freakin' genius.

The rules of finance are infallible - and they do not change.

    - Mike -


On 7/20/10 4:09 PM, "KD7JYK DM09" <kd7jyk at earthlink.net> wrote:

> : Ha.....just looked at the CD rates for 1 yr. 1.54% now what kinda
> : deal is that? Retirement is not what it used to be!
> 
> Look around, I was offered 3.8%, higher for a longer duration of course.
> Truck payment, 2% while I had it, mortgage rate 4% and only 12% of my income
> unlike some employees whose mortgage is 90+% of their income (WTF?).