How is buying a house, a great investment?
Collapse
X
-
No thank you that'd be too much info to give out hehe. He knows he made a good investment, I know he made a good investment since I can hear the "I love my life" sound in his voice everytime I talk to him over the phone which's been only since he bought his triplex so don't really need you to verify. Actually I don't even know where he bought the property I'll have to ask, all I know he used to live in the ndg area (believe atleast a half hour drive from Delta Centre-Ville where I usually stay when I'm visiting there) last time I visited him about a year ago, however, not sure if he bought the property in the same area or somewhere else.Comment
-
I think you are a huge exception there, Peaches.I have at least a dozen credit cards. IMO, they are the best way to spend "cash". I use the ones with rebates or rewards and pay them in full every month. None has an annual fee. I don't even know what the interest rates are on them since I've never paid interest. When one comes out with a 0% rate I use it exclusively until it tops out then pay it off right before the 0% expires.
Purchasing with credit cards gives you more benefits - you have more pull with getting satisfaction with a company when you have a chargeback you can put into process. In addition, many cards double the warranty on products you purchase with them and carry additional insurance when you rent a car.
Yes, there are people who can't handle credit cards, but personally I've found them VERY advantageous in comparison to cash over the years
I'm also a BIG fan of 0% purchases. Just make sure to pay it off WITH A RECEIPT a month before it's due and put your cash into a savings account until then
I haven't even made a cc purchase in years. I should probably start racking up rewards points too. That is a good idea and something others that I know do.
skype = "adultdatelink"Comment
-
If you can knock down the principle quick it can work out well.
we bought our home ten years ago for 240K houses on my street now sell for about 400 k
We paid the house of in the first eight years so it is know free and clear less taxes.
Sure beats paying rent, not to mention we are looking at building a new home in the 600k range. So its nice to have the 400k to start off with.My God there's Porn on here!
Still on the Beach !!!Comment
-
TrafficOX is a high-quality adult SKIM & PopUnder traffic from a wide list of adult websites.
+10% to the amount of the first deposit if you register now.Comment
-
see sigsorry,no money!
I have at least a dozen credit cards. IMO, they are the best way to spend "cash". I use the ones with rebates or rewards and pay them in full every month. None has an annual fee. I don't even know what the interest rates are on them since I've never paid interest. When one comes out with a 0% rate I use it exclusively until it tops out then pay it off right before the 0% expires.
Purchasing with credit cards gives you more benefits - you have more pull with getting satisfaction with a company when you have a chargeback you can put into process. In addition, many cards double the warranty on products you purchase with them and carry additional insurance when you rent a car.
Yes, there are people who can't handle credit cards, but personally I've found them VERY advantageous in comparison to cash over the years
I'm also a BIG fan of 0% purchases. Just make sure to pay it off WITH A RECEIPT a month before it's due and put your cash into a savings account until then
Is what I do except I pay annual fees for the cards so I can make more points per dollar I spend and since I do atleast 20k trans with my cards per month the points quickly add up. 0% purchases often have a 1 time deferral fee of $45-60 which I don't like.. if it's totally free or the merchant makes it free for me then am for it too
Comment
-
isnt it too late?
seems all Eastern Europe has increased 100-200% in last 5 years
http://www.gfy.com/showthread.php?t=566549&I don't use ICQ anymore.Comment
-
But I wouldn't wanna invest in properties in Russia.. no need for me to get radiated by Putin for bitching him out.. am happy being able to bitch out Bush as much as I can without risking radiation
Comment
-
I was thinking it was too late a year ago, but was wrong. Now i am not sure the process of growing prices for real estate stopped.isnt it too late?
seems all Eastern Europe has increased 100-200% in last 5 years
http://www.gfy.com/showthread.php?t=566549&TrafficOX is a high-quality adult SKIM & PopUnder traffic from a wide list of adult websites.
+10% to the amount of the first deposit if you register now.Comment
-
I've been told many times I'm "different"
I only have one debit card and it doubles as an ATM card. I never keep more then $500 in the account. Yes, I know the banks will cover fraud, but when my mortgage check bounces before I know someone's cleaned out my account...well, it doesn't give me the warm fuzzies.
For months my BP card has given me 10% off BP gas, 5% of travel and 2% off everything else. I've been using it like crazy except for the "everything else" because Chase gives me 3% back on those charges. Target Visa gives me a 10% shopping day every $XK I spend (can't remember the exact amount. I can easily turn that into a VERY decent % rebate - especially around Christmas. It counts for everything - even food and on sale items. AAA gives me 5% back on all gas for those times I can't find a BP card and the new Spiritair is giving a mile a dollar and 2 miles a dollar for their plane tickets.
It's like a game to me, lol.
Plus I look at it this way - I have such enormous credit limits on so many cards, if I find out I have a terminal disease my friends and I are going to REALLY enjoy the months I have left
Last edited by Peaches; 03-12-2007, 08:25 AM.Comment
-

Comment