I have a rather strange question.
19 years ago
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- 19 years agolast modified: 11 years ago
- 19 years agolast modified: 11 years ago
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Question for Dave on Investing rather than paying off
Comments (6)Jazi, Indeed, you ARE understanding the plan (and FAR ahead of the game compared to most your age... or even 10 years older!)... but missing one small (but important) element. What you have is a strategy where your tax-deferred assets are growing faster than the after-tax costs of your liabilities. You've created a "positive growth position engine." Once your assets outgrow your liabilities (thus, COULD theoretically be liquidated to eliminate the liabilities,) you have a Positive Net Worth. Just because you reach "Net Worth Positive" prior to an age when your tax liability starts to shrink DOES NOT mean you must GIVE UP the "positive growth position engine" you've established with your financial portfolio by immediately unwinding your asset/liability position. As long as your assets continue to grow stronger than your liabilities (after tax considerations,) just leave the position in place and continue to build your wealth outside the IRS' reach. When you DO reach that ripe age where the tax benefits change (or any other variable changes the net-positive growth results,) THEN it's time to unwind the mortgage liability against your liquidatable assets. Does that make more sense now? Dave Donhoff Just some mortgage guy ;~)...See MoreAnd I'd Rather Have a Root Canal
Comments (11)Oh no....I meant a month piecing it, not the entire process. When you get to the quilting or tying part, that's something else again. I wish I could say I don't have a desire to do a great number of quilts, but I'd be lying. I want to do almost every one I see and this forum isn't much more than enabling me. LOL. I am learning patience, and it's coooooooooooooooming slowly. I know in my heart that if I had taken up quilting just ten years ago, it would not have stuck. I happened on it through serendipity at the exact moment of my life were I make room in my day, no matter how busy, to go into my little world and work on my quilts. I can't NOT do something with something I don't like. I have to do SOMETHING with it, so the effort wasn't wasted, and that something should not be throwing good money after bad, by obliging myself months more of distasteful work. I do love this quilt, sigh, and that's the problem, it was just that for once, I listened to my little voice who said that I wasn't likely going to finish it. The pillowslips ....well I can see the end of the tunnel almost from the beginning and I'll enjoy them. I just wondered if other people got epiphanies about a quilt and what makes them decide it isn't for them....See MoreRather strange question regarding bedrooms
Comments (8)Well we are now looking into buying a home. The interest rate is really low now and we are ready to move. We have been looking at 3 bedroom houses. BUT my dh's kids come eow ...and now once a month or so...so yah 1. Time is a factor for us. Our son is with us 100%. His kids....less than 5 % now. 2. He's got two, they will shared regardless of sex because they come so little of time. I know sd is pissed about it, but my dh and i are holding our grounds on this one. And he tells her, youcome once a month now and you want a bedroom to yourself? Nope...no way. 3. I want a second one of my own and told my dh that if i'm preggers thsi year , he'll have to build an extra room downstairs for his kids and guests as well. I intend the room to be a guest room all together and so does my hubby. to me gender doesn't play a role in my case, his kids share now, b and g...and they will share again. Now if i have another boy, he will still be separate because they would be 5-6 years apart and i wont put a cry loud baby with a 6 year old. Your kids live with you full time? Maybe they can share at the beginning and then split them up when they get older. I shared my room wtih my brother for years until we were 12 years old. And it helped when my older brother moved out and it became possible. This all depends on visitation rights, amout of time, and yes others would split boy and girl. To each their own. My friend who's father was divorced had his two kids come eow. He gave no room to them at all. They slept onthe couch. He had 3 new kids with his wife and gave them the space because they used the space 24 / 7. So yah, time spent to me is an important fact. p.s My dh is twirling the idea of giving them no room at all i told him just make a general guest room for anyone and when they come they both have that room. i dont' like the idea of his kids sleeping on the couch when they come..or even any guest...i like peopel to be comfortable in my home when visitiing....See MoreI have a strange question to ask
Comments (100)When I don't have a good retort, I usually go to the backup and unleash something like "That's the BEST you can do? Oh wow, call the burn unit, I'm SO devastated..." or "I take it mama's secret ingredient in her cornbread that held it together was paint chips? Asbestos?" I suspect this guy is not going to be insulted by anything you say. So why feed the troll? I'm guessing he'd let anything go over his head. Now if there's people around who could appreciate the jabs, that's different....See More- 19 years agolast modified: 11 years ago
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