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/biz/ - Business & Finance

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29978476 No.29978476 [Reply] [Original]

Just got a bonus from work. I want to pay off my house (300k) by end of year. What’s the play anons

>> No.29978577

>>29978476
MATIC

>> No.29978889

Lazyniggercoinfinance.com

100k max supply
Locking liquidity raised during fair sale
It actually has a use case beyond staking pools.

>> No.29978917

>>29978476
why pay off your house
what is your interest rate on it
if its below 3% don't pay it off and use that money to invest instead.
Buy some silver, ETH, BTC, BAT, WOO, and some fortune 500 index funds.

>> No.29979000

>>29978476
LCX

>> No.29979018

>>29978476
Buy STX

>> No.29979040

rubic duh

>> No.29979101

>>29978917
Once I pay off my house I minimize my expenses and can quit my wage slave job

>> No.29979184

>>29978917
>why pay off your house
there's nothing better in life than being free of debt
you were born a slave, so you wouldn't understand

>> No.29979230

>>29978476
you consolidate everything after ETH and put it in LINK/XLM/ALGO/FTM

>> No.29979313
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29979313

>>29979040
Based

>> No.29979425

>>29979184
>>29979101
if you have a low interest rate loan for your house its worth it to use that money for other investments that will make you more money
just pay off the mortgage at the minimum rate
interest prices are only going to go up from here so its best to keep the loan you have now for as long as you can

>> No.29980196

>>29979184
>he fell for the biz meme
Mortgages give you cheap leverage. In fact, it's the ONLY mechanism that can give the average normie some leverage

Let me simplify it for all the smoothbrains out there: suppose you have $300k in assets... you have 2 choices

A) invest the $300k in an in ETF and let's assume a conservative 8% return compounded annually for the next 20 years = about $1.4M - ($300k + let's say $150k in mortgage intrest) = about $950k in 20 years

B) liquidate it to pay off your $300k mortgage immediately... after 20 years you win exactly $0 from this outstanding move

>> No.29980311

>>29980196
Or, I should say, C) just keep it in crypto, you absolute numnut

>> No.29980457

>>29980196
I'll choose B

>> No.29980665

>>29980196
Unless I can make enough short term to totally replace my income. I’d rather pay off my house and minimize overhead so I then have 0 debt and my living expenses are cut way way way down.

>> No.29980748

>>29979101
It’s cheap money Anon, use that 300k liquidity to make you over 100% pa plus in crypto

>> No.29981246

>>29978476
>Shill me on something
get a decent iphone

>> No.29981353
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29981353

>>29978476

>> No.29981432

>>29981246
Lol iphone. Ngmi

>> No.29981519

>>29978476
>pay off my house (300k)

Holy fucking retarded

>> No.29981717
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29981717

>>29979000
checked
thanks anon