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ChadTower:

My new definition of true wealth is having a 19 year old toot princess from Russia.

Mikezilla:

--- Quote from: ChadTower on March 22, 2011, 10:33:16 am ---
My new definition of true wealth is having a 19 year old toot princess from Russia.

--- End quote ---

 :laugh2: :laugh2: :laugh2: :applaud: :cheers:

hyiu:

--- Quote from: Donkbaca on March 17, 2011, 08:19:35 am ---.....

So you are saying that you are going to pay off your house, guaranteeing yourself a net 3% return, when instead you could easily invest that money in an index fun and earn 5-7%.  You really think this is good money advice?


--- End quote ---

Again, what you stated above is WRONG... at least wrong for probably 80+% of the general public...
you maybe able to make 5-7% easy.... but most general public does not...

as a simple example,
you mentioned index fund, so I picked the most obvious one... S&P500 ETF SPY...
if you buy S&P 500 ETF (SPY) on 2000 (10 yrs ago), you will be under water now, and no 5-7% return whatsoever...

so, just because you're good and/or lucky that you make 5-7% annually, it doesn't happen to everyone.  and majority people does not make that...

for most people, paying off mortgage first is a better choice...

pinballwizard79:

--- Quote from: pinballjim on March 21, 2011, 02:06:14 pm ---If the fit hits the shan, just look up the mormon surnames in your phone book.  They're required to have months of supplies on hand and will be more than happy to sell you a few blond wives to repopulate the earth.



--- End quote ---

Yeah but they wont have any soda

ChadTower:

With 5 blonde wives you don't need soda.  You've either got a lot of repopulating to do or you have no place to sleep because you were dumb enough to get married 5 times.

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