Posted by jbdyer on March 08, 2014 at 11:43:11 from (75.104.202.203):
In Reply to: paying off mortgage posted by austin carpenter on March 08, 2014 at 06:18:21:
My story: Bought my Dad out and built a new house 19 years ago. He loaned me the money for the Land/House. He charged me 6% interest, I had a big down payment too. I got behind about 12 payments during 2009-2011, work slow, bad economy, broken back, etc. I managed to get caught up later and actually paid this place off on Jan. 1, 2014. Paid it off a year early, had a 20 year note, I am 45 years old. Get rid of your debt as soon as you can. There is NO profit in paying even a small amount of interest. I sleep a lot better at night without a house payment. Don't listen to the fools telling you not to pay off. There is a lot of wisdom on this board, these older and younger men have been through a lot and have the hindsight you don't have. Johnny
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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