TTQ B4U Posted January 12, 2013 Report Share Posted January 12, 2013 Prolly take 10% of it to add to spending budget for 2013 but invest the rest. Quote Link to comment Share on other sites More sharing options...
gillbot Posted January 12, 2013 Report Share Posted January 12, 2013 Pay off mortgage, bank the rest. That's the only debt I really have left. Quote Link to comment Share on other sites More sharing options...
Ackbar00 Posted January 12, 2013 Report Share Posted January 12, 2013 Hookers and Blow Quote Link to comment Share on other sites More sharing options...
Got-Boost? Posted January 12, 2013 Report Share Posted January 12, 2013 It is sad that $100-200k isn't a large sum of money anymore... Quote Link to comment Share on other sites More sharing options...
Buck531 Posted January 12, 2013 Author Report Share Posted January 12, 2013 True it might not be a lot of money but when you're in debt to like 40k or so.. it is a lot. Quote Link to comment Share on other sites More sharing options...
ImUrOBGYN Posted January 12, 2013 Report Share Posted January 12, 2013 Yeah but I'm fat and I like to cook. :lolguy::megusta: Hmm, probably alot of crackheads who thought along the same lines. Can't be addicted to your own product, man! haha Quote Link to comment Share on other sites More sharing options...
Wonderboy Posted January 12, 2013 Report Share Posted January 12, 2013 Build a twin turbo c6. Quote Link to comment Share on other sites More sharing options...
Bam Posted January 12, 2013 Report Share Posted January 12, 2013 Pay off the house, buy a fun car (read $25k or less) and invest/save the rest. Oh how it's nice to dream. Quote Link to comment Share on other sites More sharing options...
Mr. Jones Posted January 12, 2013 Report Share Posted January 12, 2013 Pay off house. VACATIONS CAR MODS OH MY Quote Link to comment Share on other sites More sharing options...
2highpsi Posted January 12, 2013 Report Share Posted January 12, 2013 I wouldn't pay off my house. I would pay it down to around 70% LTV and do a 15 yr loan at 2.75% that is tax deductible. Then take the money that would have went to pay off the house and buy tax free muni bonds paying ~4%. = Free money Quote Link to comment Share on other sites More sharing options...
The_buster Posted January 12, 2013 Report Share Posted January 12, 2013 buy a bodykit....:gabe: no in reality 100k: 50-75k on down payment for house and use the rest for brand new family car, fix my beater or get a newer beater. 200k: buy house on some decent land buy two new cars, go to school and get a drift toy. Quote Link to comment Share on other sites More sharing options...
Sam1647545489 Posted January 12, 2013 Report Share Posted January 12, 2013 I'd buy cr and then shut it down. Quote Link to comment Share on other sites More sharing options...
Got-Boost? Posted January 12, 2013 Report Share Posted January 12, 2013 True it might not be a lot of money but when you're in debt to like 40k or so.. it is a lot. http://www.daveramsey.com/new/baby-steps/ Quote Link to comment Share on other sites More sharing options...
SRTurbo04 Posted January 12, 2013 Report Share Posted January 12, 2013 I'd buy cr and then shut it down. Quote Link to comment Share on other sites More sharing options...
Dharris89 Posted January 12, 2013 Report Share Posted January 12, 2013 I would be the first one in line at Cabelas when it opens in march. Quote Link to comment Share on other sites More sharing options...
silverhatch Posted January 12, 2013 Report Share Posted January 12, 2013 I've paid off lots of bills, bought the cars I wanted cash, quit my job and invested some. It's been quite a ride so far. Quote Link to comment Share on other sites More sharing options...
Tractor Posted January 12, 2013 Report Share Posted January 12, 2013 If I were left 100-200K I'd probably pay off my house or most of it and refi the rest to a tiny payment to increase my disposable income and security. Otherwise I'd trade with it and not be working a fulltime job if at all for someone else. Quote Link to comment Share on other sites More sharing options...
El Karacho1647545492 Posted January 12, 2013 Report Share Posted January 12, 2013 I wouldn't pay off my house. I would pay it down to around 70% LTV and do a 15 yr loan at 2.75% that is tax deductible. Then take the money that would have went to pay off the house and buy tax free muni bonds paying ~4%. = Free money This guy gets it Quote Link to comment Share on other sites More sharing options...
imstock2 Posted January 12, 2013 Report Share Posted January 12, 2013 Use 50k of it and put the rest in a year cd and forget about it Quote Link to comment Share on other sites More sharing options...
Tractor Posted January 12, 2013 Report Share Posted January 12, 2013 The question of "paying off the house" also comes down to, are you happy where you are and not likely to move? For me I'd say yes. I got 3400sq ft of home and 5 acres in just the right place that I could live here the rest of my life just fine. The pay off bonus is I don't have to pay a huge price for it monthly until I'm about retirement age and can use that money to enjoy life and trade some more. Quote Link to comment Share on other sites More sharing options...
BigOxley Posted January 12, 2013 Report Share Posted January 12, 2013 just increased my principal amount on my mortgage by $200, in honor of this thread. here's to a theoretical 8-9 year mortgage, cheers. Quote Link to comment Share on other sites More sharing options...
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