OCCUPY WALLSTREET!

[vaylorie]

Originally Posted by Samoht [You must be logged in to view images. Log in or Register.]

Yeah, so valued, that you can argue on an Internet message board all day and not be missed.

Yes.

Originally Posted by Samoht [You must be logged in to view images. Log in or Register.]

That you love so much that you spent quality time with all evening... No, you were obsessing over Hasbinbad's every word and waiting on him to respond.

Yes. Lucky for me, my kids are visiting family so I have the luxury. Thanks for your concern.

Originally Posted by Samoht [You must be logged in to view images. Log in or Register.]

You don't own your home, your mortgage company does. You're probably in debt up to your eyeballs because of it, and it would take you more than 5 years salary dedicated 100% to paying it off to get out, but if you wish to call that success, go ahead. I'm still not envious.

Thanks for the assumptions and concern about my finances. I'll go into a little detail for you as you don't seem to understand some things. First of all, sorry, not everyone wants to live in their parents basement. There is a concept I would suggest you look into called equity. For example, my homes current fair-market value is 365K, I owe probably 295K or so since I recently purchased (about 2 years). Even if I took a bath during a sale I would come out ahead due to equity. My payment is $2100 a month @ 4% (including taxes). Technically it would take me less than 2 years dedicated salary to pay it off. I bought after the market went down and got a 4% loan due to having established loan history (based on your previous comments you don't understand this either)

In spite of my mortgage and veritably no other real debt, I still find a way to put away about 1.5K a month into savings / etc.

Just out of curiosity, how much equity do you have in your parents basement?

Come back when you have some perspective and can discuss being a 'slave to the big banks'...