An amazing case for reducing gun ownership in America

messy said:
How about this? You give me 250K and I will loan it back to you with interest.
That’s what you do, right?
Click to expand...

How about this :

You go open up a Bank Account and put your " needed " funds in it.
Then open up an additional account to put further 30 - 90 day funds in.
Then take your large amounts which you claim to have and diversify them
with a REAL financial planner ....
Cut up your over extended credit cards you are playing " Monopoly " with
and use your debit card from the first account to pay your primary needs with.
Once you establish some self control you can play with a third account that
regulates your reoccurring monthlies ( Which includes that over encumbered
house payment you have. ).

For now you will need to relocate those boxes on the sidewalk of LA City proper....
 
Bruddah IZ said:
Ha ha ha. Keep spinnin’ CLTV boy.
Click to expand...
Dude, you were so right about that amortization stuff.
I have to sell my main house now, to pay for the new one and, even though I’ve been paying on it forever, the loan balance is still really high because of that amortization nonsense. You’re spot on, my man. I learned that about mortgages when I was 17 but you’ve been so good about reminding me.
The only good news is, I guess, my profit will be less and so my tax burden on the sale profits, after the $500K exemption, will be reduced somewhat because of that big balance.
On the other hand, because I owned the house and the bank didn’t, I still capture all the profit and the bank doesn’t. Millions.
 
messy said:
Dude, you were so right about that amortization stuff.
I have to sell my main house now, to pay for the new one and, even though I’ve been paying on it forever, the loan balance is still really high because of that amortization nonsense. You’re spot on, my man. I learned that about mortgages when I was 17 but you’ve been so good about reminding me.
The only good news is, I guess, my profit will be less and so my tax burden on the sale profits, after the $500K exemption, will be reduced somewhat because of that big balance.
On the other hand, because I owned the house and the bank didn’t, I still capture all the profit and the bank doesn’t. Millions.
Click to expand...
Pffffft
 
messy said:
Dude, you were so right about that amortization stuff.
I have to sell my main house now, to pay for the new one and, even though I’ve been paying on it forever, the loan balance is still really high because of that amortization nonsense. You’re spot on, my man. I learned that about mortgages when I was 17 but you’ve been so good about reminding me.
The only good news is, I guess, my profit will be less and so my tax burden on the sale profits, after the $500K exemption, will be reduced somewhat because of that big balance.
On the other hand, because I owned the house and the bank didn’t, I still capture all the profit and the bank doesn’t. Millions.
Click to expand...


No....the show is " Billions " and you still live in cardboard boxes....
Heed my advice above and secure your " Canner " booty...
 
Bruddah IZ said:
Pffffft
Click to expand...
The part of what you have been saying to everyone that I’m struggling with is, though, you said my house isn’t an asset because it has an amortized mortgage?
Then how come I get to sell it for about 3.5 or so, when I bought it for 885? If it’s not an asset, then what is it, you big fat idiot?
 
messy said:
The part of what you have been saying to everyone that I’m struggling with is, though, you said my house isn’t an asset because it has an amortized mortgage?
Then how come I get to sell it for about 3.5 or so, when I bought it for 885? If it’s not an asset, then what is it, you big fat idiot?
Click to expand...
Easy there Richey Rich.
 
messy said:
The part of what you have been saying to everyone that I’m struggling with is, though, you said my house isn’t an asset because it has an amortized mortgage?
Then how come I get to sell it for about 3.5 or so, when I bought it for 885? If it’s not an asset, then what is it, you big fat idiot?
Click to expand...
Collateralized debt for you. Just observe who is actually paying who. Lol! Fries U Baby!!
 
You must log in or register to reply here.
Back
Top