- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The 'lost generation' of millennials born in the 1980s may never be as rich as their paren
Posted on 5/25/18 at 1:27 pm to cahoots
Posted on 5/25/18 at 1:27 pm to cahoots
quote:
And you should never buy a house with an ARM.
But I’m just a dumb millenial that doesn’t understand economics 101!
So if you're in the housing market during that time period you would find a way to avoid high interest rates?
However if you did have an ARM in the 70's and 80's you would have benefitted when the rates dropped.
Unless you're paying cash for your house, that wasn't happening chief, regardless of how much you think you understand economics.
This post was edited on 5/25/18 at 1:30 pm
1
Posted on 5/25/18 at 1:32 pm to RogerTheShrubber
I almost feel bad for pointing out to the fool the following.
1. If you are buying a house that you believe you will be trying to sell within 5 years, a 5/1 ARM is certainly worth considering. If buying and you believe you will sell within 7 years, you might find a 7/1 ARM interesting. As they say, "it depends".
As for cars.
If you have access to a 1.9% rate and you blow say, $30K cash on a car, you're a fricking tard.
1. If you are buying a house that you believe you will be trying to sell within 5 years, a 5/1 ARM is certainly worth considering. If buying and you believe you will sell within 7 years, you might find a 7/1 ARM interesting. As they say, "it depends".
As for cars.
If you have access to a 1.9% rate and you blow say, $30K cash on a car, you're a fricking tard.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News