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re: Nearly a Million Americans Fear Losing Their Home to Foreclosure in the next two months
Posted on 10/20/22 at 11:32 am to lsu777
Posted on 10/20/22 at 11:32 am to lsu777
Yeah so you would have taken the 3% loan in December/Jan. Invested in the VOO and have lost 25% of the value of your investment in six months. It sounds like this guy is older given he's paid off two 15 year mortgages. So why the frick would he want to make payments indefinitely until the VOO gets back to it's all time high when he could use the cash flow from not having said mortgage and bought the same equities at a substantial discount.
1
Posted on 10/20/22 at 11:37 am to Mootsman
quote:
Yeah so you would have taken the 3% loan in December/Jan. Invested in the VOO and have lost 25% of the value of your investment in six months
again who gives a shite, looking at a 30 year window, not 6 months lol.
quote:
t sounds like this guy is older given he's paid off two 15 year mortgages
and i specifically addressed this to him. but there are plenty of 35-40 year olds that come on here and make fun of very low interest loans because it fits an agenda.
quote:
cash flow from not having said mortgage and bought the same equities at a substantial discount.
he wouldnt and like i said, specifically addressed this
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