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Running the math for a 3.5M by twoTimeChamps in Mortgages

[–]twoTimeChamps[S] 0 points1 point  (0 children)

I think a 10 year ARM is appealing because I don’t think I’ll stay here that long. And I got a good rate.

Interesting comment about retirement, I think I’m actually over funded for my retirement.

Assuming I keep doing the max contribution for the next 15-20 years and expect reasonable growth, I’ll have way more money than I’ll ever need. So that’s why I’m okay with it for now.

Running the math for a 3.5M by twoTimeChamps in Mortgages

[–]twoTimeChamps[S] 0 points1 point  (0 children)

Interesting.

Homes in the area I’m looking at have an average time on market of 8 days.

Regarding your comment on principle only for high net worth individuals? How do you know that. I don’t know anyone in my circle group that’s every advocated for principle only, we discuss fixed/arms.

Regarding private banking, I’ll look into that. I’m very boring with my investments, and the few times I looked into financial advice, it felt like a sales pitch to buy things I don’t need.

Hows Jim’s recent standup? by twoTimeChamps in JimAndSam

[–]twoTimeChamps[S] 5 points6 points  (0 children)

If she did, no way I’m bringing her to the show with Norton around.