Trump is GOP Nominee

Discussion in 'The Thunderdome' started by kidbourbon, Dec 10, 2015.

  1. bigpapavol

    bigpapavol Chieftain

    And? The advent of longer term credit has been a large part of letting people build assets. It's a big freaking deal. People using unsecured debt to buy worthless crap is just stupidity. Asset backed debt is different.
     
  2. bigpapavol

    bigpapavol Chieftain

    Home is the basis for wealth building. Long term financing made that real.
     
  3. rbroyles

    rbroyles Chieftain

    I figure I am way ahead. When we were married I did not own a car, just two Moto-X bikes, one with a blown motor. Now I have four cars, and only one has a blown motor.
     
  4. IP

    IP Super Moderator

    Seems like you asked and answered your own question.
     
  5. TennTradition

    TennTradition Super Moderator

    Hillary officially nominated. By Bernie.
     
  6. justingroves

    justingroves supermod

    I hope to not have a house payment in 3 years
     
  7. droski

    droski Traffic Criminal

    with mortgage rates so low and the mortgage deduction you are far better off investing that money and keeping the debt on the house.
     
  8. TennTradition

    TennTradition Super Moderator

    Awesome.
     
  9. TennTradition

    TennTradition Super Moderator

    Still awesome to put yourself in the position to make the choice.
     
  10. TennTradition

    TennTradition Super Moderator

    Plus it's three years and he is very young. I like it.
     
  11. kptvol

    kptvol Super Moderator

    Psychologically feels better to not have debt.
     
  12. justingroves

    justingroves supermod

    Investments come next
     
  13. droski

    droski Traffic Criminal

    Absolutely. It's also forced savings. I've had to fight the urge myself. But I'm not risk adverse either
     
  14. rbroyles

    rbroyles Chieftain

    A feelgood position to be in. Unless the wife wants a larger/newer home.
     
  15. Tenacious D

    Tenacious D The law is of supreme importance, or no importance

    Depends. New wife may be cheaper.
     
  16. justingroves

    justingroves supermod

    She's happy
     
  17. justingroves

    justingroves supermod

    I would have to fail three paternity tests
     
  18. IP

    IP Super Moderator

    JG can get her a bigger house without buying one. The Lego movie is loosely based on his life story.
     
  19. rbroyles

    rbroyles Chieftain

    I wouldn't suggest that for jg, he has a keeper. I know a new one would be cheaper for me, but after 46 years, I shudder at breaking in a new one. All those subtle little things like less teeth, more tongue, etc.
     

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