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Welcome to SportTrac.Org
Off Topic Discussion
Mortgage Questions
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<blockquote data-quote="Thomas Rogers" data-source="post: 767650" data-attributes="member: 60724"><p>Caymen said: </p><p></p><p></p><p></p><p>Again, I never said that. Read my last post above.</p><p></p><p></p><p></p><p>I simply said that if you are planning a mortage payment of $500/month because that's your comfort level, but have budgeted that you can pay an additional $250 a month now, while times are good, then that's not a financially sound strategy IF the reasons for doing it are to save money in the long run and to make yourself more financially fit for a rainy day.</p><p></p><p></p><p></p><p>Simply put, that $250 invested elsewhere will be more liquid and perform better.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 767650, member: 60724"] Caymen said: Again, I never said that. Read my last post above. I simply said that if you are planning a mortage payment of $500/month because that's your comfort level, but have budgeted that you can pay an additional $250 a month now, while times are good, then that's not a financially sound strategy IF the reasons for doing it are to save money in the long run and to make yourself more financially fit for a rainy day. Simply put, that $250 invested elsewhere will be more liquid and perform better. TJR [/QUOTE]
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