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Scudbucket

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Everything posted by Scudbucket

  1. I'm amazed at how people will often spend weeks researching a $500 TV or planning their vacation, but they don't spend any time planning for their financial goals. I don't get it. Everything seems backwards to me.
  2. My friends and family probably put me in the obsessed camp. I spend most of my day thinking, reading, or doing something related to investing. I find it fascinating. It's humbling. It's challenging. It's new every day. The money is a motivator, for sure, but that's definitely not the driving factor - not even close. I just think it's fun.
  3. Good luck. They all suck, but you'll be glad when you're done.
  4. Woah, we're on the same page...sorry didn't see your post.
  5. Gather all news headlines, blog posts, buy/sell side research opinions and create an indicator that ranges from: maximum pessimism-pessimism-neutral-optimistic-maximum optimism
  6. Here is a scenario... Say you already have a 100k 30-yr FRM at 3.5%. Now 30-yr FRMs are 8%. If you want to sell your current place and buy a new one for 150k, is there a way to transfer the mortgage from the existing house to the new one? So, can you sell the 100k house and take that money and put it into the 150k and take out a loan at the new 8% rate for the remaining 50k? Or, would you have to take out a new 150k loan at 8%?
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