01-02-2022, 09:16 AM
(This post was last modified: 01-02-2022, 09:16 AM by ken-do-nim.)
So instead of a Med cruise (I'm not a cruise person but this would be an exception), this summer will be Yellowstone, just after Labor Day.
Cruises are awesome, but Yellowstone is a must. I hope to get out there soon too. Hopefully 2023.
If you keep making 50% a year in your port maybe you can pay it off a little early. Just add some more leverage lol.
I do occasionally have fun with the investment calculators lol. Let's see ... yeah if I make 50% a year it says I end up with $50 million in 10 years
If I move out of my house in 4-5 years, I will either convert it to a rental or sell it. Chad's advice was to sell, though I have to recall the reasoning. If I'm renting it, the rent will more than cover the mortgage. I pay about $2200 a month on it, and if it were today, I would try to rent it for $3500/month. In the unlikely event I remain living here long term, I will have to run the numbers to see if paying off the mortgage say 15 years early is better than keeping that money in the market.
Cruises are awesome, but Yellowstone is a must. I hope to get out there soon too. Hopefully 2023.
If you keep making 50% a year in your port maybe you can pay it off a little early. Just add some more leverage lol.
I do occasionally have fun with the investment calculators lol. Let's see ... yeah if I make 50% a year it says I end up with $50 million in 10 years
If I move out of my house in 4-5 years, I will either convert it to a rental or sell it. Chad's advice was to sell, though I have to recall the reasoning. If I'm renting it, the rent will more than cover the mortgage. I pay about $2200 a month on it, and if it were today, I would try to rent it for $3500/month. In the unlikely event I remain living here long term, I will have to run the numbers to see if paying off the mortgage say 15 years early is better than keeping that money in the market.