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Stern, 2003You're currently viewing posts by Pinsider Rdoyle1978.
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Quoted from briyau15:What would you do if you got out of the hobby voluntarily?
Travel? Put towards kids’ college funds? Find another way to replace the void in your life without pinball?
Invest for 5 years and Pay off my mortgage. I’m actually considering it hard.
Quoted from jackd104:If you have a low interest rate (2-4%) your pins probably appreciate about that anyway.
Exactly! I have an ARM and it is about to go up (dirty little secret about ARMs.. it takes a REALLY big increase in interest rate to make refinancing worth it. Really big, between tax write offs and long term expenditures
So yeah if I sold 90% of the herd I’d be 100% debt free!
Quoted from mrm_4:Actually if that’s possible with your collection it’s probably the best move. Get out from under it and then bank that monthly income. You’ll build the collection back up and be debt free in the truest sense!
Depends - the best time to pay out on the mortgage is early early early (ie when you don’t have the money to do so!), because you’re just paying interest. At the end of the mortgage, the last 10 years or so there’s little benefit to paying early since you’re just paying principal at that point. It’s still great to be debt free though, so there’s that!
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Fort Lauderdale, FL