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Started By
Message
re: It costs a lot of money to live
Posted on 2/4/13 at 12:20 pm to ItNeverRains
Posted on 2/4/13 at 12:20 pm to ItNeverRains
quote:
Avoiding it I would be 250k poorer than I am today. I wouldn't have been wrong to avoid debt, I'd just be poorer.
I may just be in a curious mood today - how did consumer debt yield you $250k - if you don't mind my asking?
quote:
No offense, but you don't know shite.
EXACTLY why I'm asking...
This post was edited on 2/4/13 at 12:48 pm
1
Posted on 2/4/13 at 12:44 pm to Ace Midnight
Did a cash advance on credit card to help pay on first 30 year loan on my 165k home 10 years ago. Sold that home in early 08' made 140k.
Used 84k of that blood money to buy 425k house 30 year loan in 09' that I sold in 2011 for 475k. Made 60k
Used CC for multiple purchases of gold/silver in 08' up about 35k.
Made probably 3k in gift cards from Amex last 4 years
Bought last 3 vehicles at 0.9% while that 75l was earning 5% for years in high yield checking, now down to 2%
Used 84k of that blood money to buy 425k house 30 year loan in 09' that I sold in 2011 for 475k. Made 60k
Used CC for multiple purchases of gold/silver in 08' up about 35k.
Made probably 3k in gift cards from Amex last 4 years
Bought last 3 vehicles at 0.9% while that 75l was earning 5% for years in high yield checking, now down to 2%
This post was edited on 2/4/13 at 12:53 pm
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