I don't waste time putting money down
I just go straight to who got it and buy it in cash
Not In Debt Appreciation
- Thread starter Captain Crunch
- Start date
I just go straight to who got it and buy it in cash
side note- i don't agree w this whole overly negative stigma attached to having a mortgage, especially if you locked in a rate in the last few years at all time lows. as long as you aren't extremely over leveraged and paying some exorbitant rate on a house that lost half its equity, financing an appreciable asset like a house gives you leverage to do a lot of other things w your money. not everybody got crushed by 07/08 
word is that smash and digitfoe both live in one room basment nowside note- i don't agree w this whole overly negative stigma attached to having a mortgage, especially if you locked in a rate in the last few years at all time lows. as long as you aren't extremely over leveraged and paying some exorbitant rate on a house that lost half its equity, financing an appreciable asset like a house gives you leverage to do a lot of other things w your money. not everybody got crushed by 07/08
nikka got hit hard in late 08
smash married khiaboo and digi married yohomegirl, they got six kids between them now.
smash married khiaboo and digi married yohomegirl, they got six kids between them now.
the cac mamba
Veteran
honestly breh, in this economy i cant just part with 16 thousand dollar chunk of change like that. i only make 33 a year (that the govt knows about
) i pay 1100 a month so theyll be gone in a lil over a year. an i might lose about a g in interest over the long term, but i value the security more
Deadpool1986
Cook with a Mouth
I feel you, I just think a little differently. I'd rather be down 16k and putting $1100+ to an account paying me interest vs an account costing me interest. With your side hustles and 33k year job you'll have that in less than a year.honestly breh, in this economy i cant just part with 16 thousand dollar chunk of change like that. i only make 33 a year (that the govt knows about
i pay 1100 a month so theyll be gone in a lil over a year. an i might lose about a g in interest over the long term, but i value the security more
the cac mamba
Veteran
yea i kno that what im doin is kinda hustlin backwards but im kinda at a lack of any better ideas
any suggestions on the bolded? besides my bullshyt ass savings account payin me like 2 cents every 3 months
BlvdBrawler
Superstar
Someday breh. Someday.
BlvdBrawler
Superstar
any suggestions on the bolded? besides my bullshyt ass savings account payin me like 2 cents every 3 months
http://www.betterment.com
I'm at 24% rate of return since opening an acct in January 2012.
the cac mamba
Veteran
damn thanks breh, def checkin that out
BlvdBrawler
Superstar
Yea it's nuts. I would have been happy with 6%. Completely thrashed my expectations.
*L*E*G*A*C*Y*
Done.
Appreciates.
Thanks mom and dad for paying my way through college so I wouldn't have to take out endless student loans.
If it weren't for you, I would of probably never gone through with it and would of been flipping burgers at Burger King still.
Thanks mom and dad for paying my way through college so I wouldn't have to take out endless student loans.
If it weren't for you, I would of probably never gone through with it and would of been flipping burgers at Burger King still.
Student loans 
