Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » If You Could Be Mortgage Free right now..... what would you do with life?
  1. Results 1 to 30 of 31
  2. Page 1 of 2
  3. 1
  4. 2
  6. Last

Thread: If You Could Be Mortgage Free right now..... what would you do with life?

post 1670749413 11-06-2022, 01:42 PM
-
#1
  1. TheGoldenBull
  2. Banned
  1. TheGoldenBull
  2. Banned
  3. Join Date: Feb 2022
  4. Age: 56
  5. Posts: 5,696
  6. Rep Power: 0

If You Could Be Mortgage Free right now..... what would you do with life?

Let's just say you got some money and you suddenly became mortgage free.

So now all you got is property taxes and hydro at $500-$700/month.




Would you still stay at the same job you currently have?

How would you live your life differently?
post 1670749563 11-06-2022, 01:45 PM
-
#2
  1. 401Delta
  2. ☠ ☠ ☠ ☠ ☠
  1. 401Delta
  2. ☠ ☠ ☠ ☠ ☠
  3. Join Date: May 2017
  4. Posts: 25,167
  5. Rep Power: 417920
Build a fire pit.
post 1670749603 11-06-2022, 01:46 PM
-
#3
  1. Jestbrah
  2. Registered User
  1. Jestbrah
  2. Registered User
  3. Join Date: Feb 2012
  4. Age: 37
  5. Posts: 28,748
  6. Rep Power: 170226
travel somewhere once every 2 months. I would save up about 4k so I could get a nice Air bnb or hotel with good breakfast, and have 1.5k for food, 1k for activities, hopefullty the other 1.5k covers airfare, room, and vehicle expenses(rental, uber whatever)

I dont see the point at my age to put all my money in investments to only enjoy one day when I am 20 years older. I already invest enough in my property and my retirement and have skills to fall back on for extra income. Thats a lie by the wealthy told to the poor/middle class to keep them subservient to the 9-5 life and never enjoying actually just living life. They know once someone realizes what they are doing making everyone their little worker drones, there is no turning back so best to keep everyone always focused on the future and never on the present.

I laugh at people who brag about their investments but never actually live life in the present. Fukking fools to the "american dream" lie.
**worthless college major crew**

*Always picks 4 Crew*

**HTC**
post 1670750213 11-06-2022, 01:57 PM
-
#4
  1. TheGoldenBull
  2. Banned
  1. TheGoldenBull
  2. Banned
  3. Join Date: Feb 2022
  4. Age: 56
  5. Posts: 5,696
  6. Rep Power: 0
Originally Posted By Jestbrah⏩
travel somewhere once every 2 months. I would save up about 4k so I could get a nice Air bnb or hotel with good breakfast, and have 1.5k for food, 1k for activities, hopefullty the other 1.5k covers airfare, room, and vehicle expenses(rental, uber whatever)

I dont see the point at my age to put all my money in investments to only enjoy one day when I am 20 years older. I already invest enough in my property and my retirement and have skills to fall back on for extra income. Thats a lie by the wealthy told to the poor/middle class to keep them subservient to the 9-5 life and never enjoying actually just living life. They know once someone realizes what they are doing making everyone their little worker drones, there is no turning back so best to keep everyone always focused on the future and never on the present.

I laugh at people who brag about their investments but never actually live life in the present. Fukking fools to the "american dream" lie.
I agree 100%


as I age, I realize how important it is to enjoy life now. Once you have the mortgage paid off, that is your retirement. Even if you are unemployed at 70, the pension or even welfare should cover the basic bills.


Just use that money to enjoy life.



Where would you travel to?
post 1670750273 11-06-2022, 01:59 PM
-
#5
  1. kusok
  2. Registered User
  1. kusok
  2. Registered User
  3. Join Date: Sep 2009
  4. Posts: 47,722
  5. Rep Power: 231370
Wtf? You guys pay mortgage or rent?? Lol

You better pay cash for your house or ldar.
post 1670750343 11-06-2022, 02:00 PM
-
#6
  1. Commandersbrah
  2. Banned
  1. Commandersbrah
  2. Banned
  3. Join Date: Oct 2022
  4. Posts: 2,525
  5. Rep Power: 0
most would go to SE asia and pound some sideways pussy.
post 1670750473 11-06-2022, 02:02 PM
-
#7
  1. TheGoldenBull
  2. Banned
  1. TheGoldenBull
  2. Banned
  3. Join Date: Feb 2022
  4. Age: 56
  5. Posts: 5,696
  6. Rep Power: 0
Originally Posted By Commandersbrah⏩
most would go to SE asia and pound some sideways pussy.
white pussy or death crew
post 1670750483 11-06-2022, 02:02 PM
-
#8
  1. ToxMasculinity
  2. Registered Goomba
  1. ToxMasculinity
  2. Registered Goomba
  3. Join Date: Aug 2022
  4. Posts: 3,748
  5. Rep Power: 27939
I already do whatever the fukk I want. House is paid off. (Ded fkn Srs)
Toxic Masculinity

MAKE AMERICA GREAT AGAIN

United States Army Veteran

White Conservative Heterosexual Male who is not a White Supremecist (Ded fkn Srs)
post 1670750643 11-06-2022, 02:06 PM
-
#9
  1. r32gojirra
  2. Registered NEET
  1. r32gojirra
  2. Registered NEET
  3. Join Date: Feb 2013
  4. Location: East Coast, Australia
  5. Posts: 39,461
  6. Subscribers: 6
  7. Rep Power: 590351
Originally Posted By kusok⏩
Wtf? You guys pay mortgage or rent?? Lol

You better pay cash for your house or ldar.
No mortgage crew

I don’t buy houses with cash, I use cash to buy land

Sometimes they have houses on them but they are for the bulldozer
post 1670750893 11-06-2022, 02:10 PM
-
#10
  1. Commandersbrah
  2. Banned
  1. Commandersbrah
  2. Banned
  3. Join Date: Oct 2022
  4. Posts: 2,525
  5. Rep Power: 0
Originally Posted By r32gojirra⏩
No mortgage crew

I don’t buy houses with cash, I use cash to buy land

Sometimes they have houses on them but they are for the bulldozer
retard plz
post 1670750963 11-06-2022, 02:12 PM
-
#11
  1. BalognaNbeans
  2. Registered User
  1. BalognaNbeans
  2. Registered User
  3. Join Date: Mar 2018
  4. Age: 56
  5. Posts: 35,319
  6. Rep Power: 312457
Two chicks at the same time
post 1670751083 11-06-2022, 02:14 PM
-
#12
  1. EasyPassive
  2. Banned
  1. EasyPassive
  2. Banned
  3. Join Date: Apr 2016
  4. Age: 39
  5. Posts: 4,819
  6. Rep Power: 0
Originally Posted By Anachron⏩
Location : Canada

No gas bill?

I guess you like to freeze your butt off in the winter.
STRONG understanding of real estate again LMAOOO

Most buildings are heated with electricity you dumb incel just fk LMAOOOOOOOOO

Wow Analchron is really something LOL
post 1670751373 11-06-2022, 02:23 PM
-
#13
  1. Jestbrah
  2. Registered User
  1. Jestbrah
  2. Registered User
  3. Join Date: Feb 2012
  4. Age: 37
  5. Posts: 28,748
  6. Rep Power: 170226
Originally Posted By TheGoldenBull⏩
I agree 100%


as I age, I realize how important it is to enjoy life now. Once you have the mortgage paid off, that is your retirement. Even if you are unemployed at 70, the pension or even welfare should cover the basic bills.


Just use that money to enjoy life.



Where would you travel to?
Probably start small and see some places in the US first I like the nature in like Washington for some hikes, the Coast on the North East in Maine probably, then I would want to GTFO America because I REALLY feel like this country has warped my perception of reality too much and I want to spend some time in other countries to gain a better perspective of our purpose here. Especially Asian countries, Middle eastern countries, Rome, central Africa.
**worthless college major crew**

*Always picks 4 Crew*

**HTC**
post 1670752003 11-06-2022, 02:33 PM
-
#14
  1. EasyPassive
  2. Banned
  1. EasyPassive
  2. Banned
  3. Join Date: Apr 2016
  4. Age: 39
  5. Posts: 4,819
  6. Rep Power: 0
Originally Posted By Anachron⏩
Interesting.

Thanks for confirming mental rentardation - the only buildings that are heated with electricity that you are billed for, and do not have maintenance fees, are section 8 low rise chitholes.

SFH have gas furnaces more often than not, and if OP lives in a condo, he conveniently forgot to include the maintenance fees.
Absolutely not how it works,

just LMAOOOOOOOOOOOOOOOOOOOOO

I would tell you to learn about RE but I wouldn't want you to ROPE tonight once you become aware you ****ed up hard.

I enjoy wrecking your little twink ass too much.
post 1670752053 11-06-2022, 02:34 PM
-
#15
  1. Kev1972
  2. Registered User
  1. Kev1972
  2. Registered User
  3. Join Date: Jun 2013
  4. Location: Big Arm, Montana, United States
  5. Posts: 49,924
  6. Rep Power: 287644
2k more a month on hookers and blow
Motorcycle crew
Army veteran crew
One Meal a day crew
post 1670752133 11-06-2022, 02:36 PM
-
#16
  1. Godfrd824
  1. Godfrd824
  3. Join Date: Oct 2008
  4. Location: DevilMayRage's Head, Rent Free
  5. Posts: 57,241
  6. Subscribers: 2
  7. Rep Power: 383141
Nothing would change, I have rentcels paying my mortgages. If I suddenly won the lottery which I don't play, I'd just get more rental properties, mortgaged of course. Money that I came about would be invested.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1670752203 11-06-2022, 02:37 PM
-
#17
  1. MikeLowrrrey
  1. MikeLowrrrey
  3. Join Date: Jul 2018
  4. Age: 56
  5. Posts: 35,133
  6. Subscribers: 2
  7. Rep Power: 120067
-Eliminate all debt
-Stack up a massive amount of money for investments
-Work Part time and maybe start a side business
post 1670752403 11-06-2022, 02:40 PM
-
#18
  1. Visel
  2. Progression
  1. Visel
  2. Progression
  3. Join Date: Jan 2019
  4. Posts: 13,618
  5. Rep Power: 85588
Becoming mortgage free is definitely a part of my retirement plan. Far away from it seeing as I'm a rentcel that's still 1.5-2 years away from even a down payment lol. But I've got time I'm 27, my roth retirement accounts are vested and worth ~$50k at least, and I'm debt free, so that's something.

I suspect once you're mortgage free your monthly CoL would be less than $1k in current dollars. Probably $2k if you live more wildly (vacations, substances, dining out, events, etc.).

I think it's realistic to say by 30 I can buy a house. By 40 it'll be paid off in full if I pay above the monthly mortgage rate and have some help from investmaxxing. IDK if I will retire in my 40's, but that would be a good goal. I'd want 25 years worth of CoL in the combination of my retirement and non-retirement accounts, which I guess would be like half a mill in current dollars... on top of owning the house.
post 1670752543 11-06-2022, 02:43 PM
-
#19
  1. Ratfish
  1. Ratfish
  3. Join Date: Jul 2009
  4. Location: Portland, Oregon, United States
  5. Posts: 113,850
  6. Rep Power: 576095
Originally Posted By TheGoldenBull⏩
So now all you got is property taxes and hydro at $500-$700/month.
property tax is 250 and an oz of hydro is like 40 bucks here

Life begins after you pay off your house

It also begins after you hit 10%

fuark
Make Europe Germany Again
post 1670752723 11-06-2022, 02:48 PM
-
#20
  1. MikeLowrrrey
  1. MikeLowrrrey
  3. Join Date: Jul 2018
  4. Age: 56
  5. Posts: 35,133
  6. Subscribers: 2
  7. Rep Power: 120067
Originally Posted By Ratfish⏩
property tax is 250 and an oz of hydro is like 40 bucks here

Life begins after you pay off your house

It also begins after you hit 10%

fuark
So you're just incomemaxxing. Sounds like you could work 25hrs/wk if you wanted.
post 1670752953 11-06-2022, 02:53 PM
-
#21
  1. 5x10
  2. Banned
  1. 5x10
  2. Banned
  3. Join Date: Apr 2007
  4. Age: 47
  5. Posts: 49,580
  6. Rep Power: 0
Been mortgage free since 2007 (except for 1 year)

Still work
Still save
Still invest
Dallas Cowboys

Lifted for 30 years

Ass > tits
No Debt Crew
post 1670753073 11-06-2022, 02:55 PM
-
#22
  1. Ratfish
  1. Ratfish
  3. Join Date: Jul 2009
  4. Location: Portland, Oregon, United States
  5. Posts: 113,850
  6. Rep Power: 576095
Originally Posted By MikeLowrrrey⏩
So you're just incomemaxxing. Sounds like you could work 25hrs/wk if you wanted.
Yeah, 28hrs/wk

Just don't care if the company goes under or about anything lmao
Make Europe Germany Again
post 1670754143 11-06-2022, 03:15 PM
-
#23
  1. saltypits
  1. saltypits
  3. Join Date: Feb 2016
  4. Posts: 14,076
  5. Rep Power: 54048
Hookers and blow.
post 1670754623 11-06-2022, 03:27 PM
-
#24
  1. Drhunglow
  1. Drhunglow
  3. Join Date: Aug 2011
  4. Posts: 11,544
  5. Subscribers: 1
  6. Rep Power: 743211
Originally Posted By BalognaNbeans⏩
Two chicks at the same time
I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities
post 1670755353 11-06-2022, 03:42 PM
-
#25
  1. SilencespeaksEx
  2. Banned
  1. SilencespeaksEx
  2. Banned
  3. Join Date: Nov 2022
  4. Age: 56
  5. Posts: 151
  6. Rep Power: 0
Well I'd still be paying my bish ex wife alimony so its not like I'd be financially free. If I had endless money though? A LOT of Pepsi and girls is what I'd be doing.

I already do those things but I wouldn't need to commit crime to do it.
post 1670756263 11-06-2022, 03:57 PM
-
#26
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  1. MarinoMike
  2. 1 Mile 2 Mile 3 Mile FOUR
  3. Join Date: Aug 2012
  4. Location: Denver, Colorado, United States
  5. Age: 34
  6. Posts: 12,072
  7. Rep Power: 103201
Would keep doing what I’m doing rn
6'5 220
i can bench press 135 pounds on a good day
post 1670756343 11-06-2022, 03:59 PM
-
#27
  1. Destor
  2. Registered User
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 41
  6. Posts: 43,481
  7. Rep Power: 254906
I would take on more mortgages
post 1670756553 11-06-2022, 04:03 PM
-
#28
  1. AWSbruh
  2. Registered User
  1. AWSbruh
  2. Registered User
  3. Join Date: May 2019
  4. Age: 56
  5. Posts: 12,330
  6. Rep Power: 54725
Take out another mortgage on the house when interest rates drop and invest the rest in stocks and properties. Leverage is king
post 1670757243 11-06-2022, 04:17 PM
-
#29
  1. dontstopbelief
  2. Registered User
  1. dontstopbelief
  2. Registered User
  3. Join Date: May 2019
  4. Age: 56
  5. Posts: 5,203
  6. Rep Power: 21420
Rent so I can pay someone else's mortgage for them
post 1670757853 11-06-2022, 04:30 PM
-
#30
  1. redmelly
  2. Registered User
  1. redmelly
  2. Registered User
  3. Join Date: Aug 2011
  4. Posts: 13,367
  5. Rep Power: 144618
We were faced with this decision. We got a windfall big enough to pay off the mortgage but the mortgage is at 2.625% so we said no to that. The money is going into a CD at 4.5% for now until we figure out what we want to do. I think we are going to reno our home since it really needs it and construction prices should be declining next year. This will make our 700k home worth 1.1 million easily.
  1. Page 1 of 2
  2. 1
  3. 2
  5. Last
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts