"Dr. FeelGood" wrote in message
...

"John H" wrote in message
...

Here's the problem. You are assuming that making money is advantageous.
With
basskisser, you shouldn't be making assumptions.
--
John H

If he earns too much money, he will lose his monthly social securty check.




Why the need for a new identity.....whoever you are.

Come out of the closet, stick with a handle and let us know who you are.

I am Dr. Feelgood.


"JimH" wrote in message
...

"Dr. FeelGood" wrote in message
...

"John H" wrote in message
...

Here's the problem. You are assuming that making money is advantageous.
With
basskisser, you shouldn't be making assumptions.
--
John H

If he earns too much money, he will lose his monthly social securty
check.




Why the need for a new identity.....whoever you are.

Come out of the closet, stick with a handle and let us know who you are.

"John H" wrote in message
...
On Thu, 24 Mar 2005 18:34:51 GMT, "Calif Bill"

wrote:




Hmm, so, let's see, if I am debt free, ALL of my surplus money can be
earning for me. If you are still in debt up to your ass, you don't have
near the surplus money, because you are paying someone else to use
their money. Hell, it's simple, even for you. Also, I see that you
still don't have the mental capacity to debate a subject without
childish name calling. Pretty pathetic.


If I can borrow $10,000,000 at 4% and can invest that money at 6%, I am
not
debt free, but I can earn 2% on that $10,000,000. Which is a nice $200k
income before taxes. If I can deduct the interest on the $10,000,000 from
my income, as it is a loan for investment purposes, then my net income is
even better. Debt free is not the best way. if you were debt free in
this
scenario, then you would have $200k less income.


Here's the problem. You are assuming that making money is advantageous.
With
basskisser, you shouldn't be making assumptions.

LMAO



--
John H

"All decisions are the result of binary thinking."

JimH wrote:
"basskisser" wrote in message
ups.com...

JimH wrote:
"basskisser" wrote in message
oups.com...

NOYB wrote:
"John H" wrote in message
...
On Wed, 23 Mar 2005 14:22:04 -0500, "P.Fritz"

wrote:


"John H" wrote in message
. ..
On 23 Mar 2005 10:57:44 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 09:44:18 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 05:01:54 -0800, "basskisser"

wrote:


NOYB wrote:
wrote in message

oups.com...
But, I thought that you had to get an interest
only
loan?????


The bank was offering me either
loan...conventional,
or
interest-only.

I chose the interest only loan over the
conventional
30-year
fixed,
because
it gives me the option to pay principal on the loan
(but
only
if
*I
*decide
to do so). Right now, it makes more sense for me
to
put
$25-30k
per
year
away in a qualified pension plan than to pay
principal
on
a
home
mortgage.
In 4 1/2 years, I'll only be 38...and I'll have an
extra
$6000/mo
(before
taxes) to put towards principal and/or retirement
savings. At
that
time, I
can get a 20 year conventional fixed mortgage, and
pay
the home
off
before
I'm 60.


Yeah, sure, whatever.......

basskisser, is that the best you can do when you see a
good
idea
put
in place?
--
John H

No, but you know how NOYB is, no sense in trying to make
him
think
anything other than what he does, says, where he lives,
his
occupation,
his thoughts, and on and on, are anything less than
superior
to
anyone
else in the universe. Just ask him! Now, as far as a
"good
idea",
he's
admitted himself that he is financially stretched tight.

My daughter has commented to me about having a negative
balance, on
occasion, in
my checkbook. To her, who has bounced a check to me, this
was
really
something
to 'catch her dad' with.

There are times when it is beneficial to one's longer
term
interests
to be
somewhat 'stretched tight'. That is not, necessarily, a
sign
of
bad
financial
management. I financed my house for 15 years instead of
30.
The
additional
payment amount stretched me a little more than I had
been,
but
I
think that the
long term benefits will be worth the stretch.

Ah, now, paying off a loan quickly is right the opposite of
an
interest
only loan! You are purposefully paying off the principal
quicker,
while
he isn't paying ANY of it off. I've got a 30 year fixed,
and
it
will be
paid off in 17 years because of extra payments applied
directly
to the
principal. I don't care what anybody says, I don't like
being
in
debt.
I don't take out car loans, I save until I have cash to buy
a
car,
therefore I don't pay anybody to use their money. Same
principal.

Well, once you read my other post you'll see why your idea
isn't
necessarily the
best.

If he us using the money he saved on the principle of the
home
loan to
pay
off
the business loan (with perhaps a higher interest rate)
sooner,
then it
seems as
though he's doing a smart thing.

Wouldn't you think that he knows more about his finances
than
you
do?

A tree stump knows more about finances than the "King"

Paying off the house early is like buying a 2-1/2% bond.


I expect he'll get very mum on this subject shortly.

Now he's going to threaten you for bringing his mum into this.

You ARE an idiot, aren't you?


Just 12 minutes prior to you calling NOYB an idiot you posted
this:

"I see you still aren't smart enough to debate a subject without
childish name calling. "

Do you see a problem here Kevin?

the only problem I see is my name isn't Kevin. The only other
problem I
see is the fact that when NOYB, and others are found out to be
ignorant
of fact, they almost INSTANTLY come up with something like a
statement
about someone's mother. Do you think that is prudent? Do you think
that
prudent of a man who thinks he's oh so perfect, an alleged
professional? Now please notice that I didn't CALL NOYB a name,
like,
say....ummm Toothwhore. I simply made a judgement. Now, where were
you
when JimH, and Fritz were posting lie, after lie about ME? Did you
think THAT would be the way someone with intelligence should act?


Pssst....I *am* JimH....and I apologized to you....remember?

Now you pledged to stop the name calling. Are you going to break
your
promise Kevin?

My name's not Kevin. Now, who did I call a name other than their
newsgroup handle? And what was the name I called this person?

P.Fritz wrote:
"NOYB" wrote in message
ink.net...

"basskisser" wrote in message
ups.com...

NOYB wrote:
"basskisser" wrote in message
ups.com...

P.Fritz wrote:
"John H" wrote in message
...
On 23 Mar 2005 10:57:44 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 09:44:18 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 05:01:54 -0800, "basskisser"

wrote:


NOYB wrote:
wrote in message

oups.com...
But, I thought that you had to get an interest
only
loan?????


The bank was offering me either loan...conventional,
or
interest-only.

I chose the interest only loan over the conventional
30-year
fixed,
because
it gives me the option to pay principal on the loan
(but
only
if
*I
*decide
to do so). Right now, it makes more sense for me
to
put
$25-30k
per
year
away in a qualified pension plan than to pay
principal
on a
home
mortgage.
In 4 1/2 years, I'll only be 38...and I'll have an
extra
$6000/mo
(before
taxes) to put towards principal and/or retirement
savings.
At
that
time, I
can get a 20 year conventional fixed mortgage, and
pay
the
home
off
before
I'm 60.


Yeah, sure, whatever.......

basskisser, is that the best you can do when you see a
good
idea
put
in place?
--
John H

No, but you know how NOYB is, no sense in trying to make
him
think
anything other than what he does, says, where he lives,
his
occupation,
his thoughts, and on and on, are anything less than
superior
to
anyone
else in the universe. Just ask him! Now, as far as a
"good
idea",
he's
admitted himself that he is financially stretched tight.

My daughter has commented to me about having a negative
balance,
on
occasion, in
my checkbook. To her, who has bounced a check to me, this
was
really
something
to 'catch her dad' with.

There are times when it is beneficial to one's longer term
interests
to be
somewhat 'stretched tight'. That is not, necessarily, a
sign
of
bad
financial
management. I financed my house for 15 years instead of
30.
The
additional
payment amount stretched me a little more than I had been,
but
I
think that the
long term benefits will be worth the stretch.

Ah, now, paying off a loan quickly is right the opposite of
an
interest
only loan! You are purposefully paying off the principal
quicker,
while
he isn't paying ANY of it off. I've got a 30 year fixed, and
it
will be
paid off in 17 years because of extra payments applied
directly
to
the
principal. I don't care what anybody says, I don't like
being in
debt.
I don't take out car loans, I save until I have cash to buy
a
car,
therefore I don't pay anybody to use their money. Same
principal.

Well, once you read my other post you'll see why your idea
isn't
necessarily the
best.

If he us using the money he saved on the principle of the
home
loan
to pay
off
the business loan (with perhaps a higher interest rate)
sooner,
then it
seems as
though he's doing a smart thing.

Wouldn't you think that he knows more about his finances
than
you
do?

A tree stump knows more about finances than the "King"

Paying off the house early is like buying a 2-1/2% bond.


Hmm, so, let's see, if I am debt free, ALL of my surplus money
can
be
earning for me.

But you won't be debt free for 17 years, and by that time you'll
be
just a
few short years from retirement. Even if you save 75% of your
salary
for
those few short years, you'll have missed out on 17 years of
compounding
interest.

Haven't you ever seen the example where two people contribute
$2000/year to
their simple IRA for equal number of years? The first guy starts
contributing at age 18, and the second guy waits until age 30 to
start his
contributions. They both contribute the same net amount (I think
the

example that I saw was $2000 per year for 16 years...meaning each
contributed $32000). By age 62, and despite equal amounts of
contributions,
the first guy has four times as much in his retirement fund than
the
second
guy.


If you are still in debt up to your ass, you don't have
near the surplus money, because you are paying someone else to
use
their money. Hell, it's simple, even for you. Also, I see that
you
still don't have the mental capacity to debate a subject
without
childish name calling. Pretty pathetic.

You mean like calling me stupid?
No, I said you were an idiot. I didn't call you Idiot.

OK...you stupid, pot-smoking, low-life, piece of ****.

(Is that name calling?)

No...it is an honest portrayal of the facts :-)

Do you have any evidence to back up your wild allegations?

P.Fritz wrote:
"John H" wrote in message
...
On 24 Mar 2005 05:27:12 -0800, "basskisser"
wrote:


NOYB wrote:
"John H" wrote in message
...
On Wed, 23 Mar 2005 14:22:04 -0500, "P.Fritz"

wrote:


"John H" wrote in message
. ..
On 23 Mar 2005 10:57:44 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 09:44:18 -0800, "basskisser"

wrote:


John H wrote:
On 23 Mar 2005 05:01:54 -0800, "basskisser"

wrote:


NOYB wrote:
wrote in message

groups.com...
But, I thought that you had to get an interest only
loan?????


The bank was offering me either loan...conventional,
or
interest-only.

I chose the interest only loan over the conventional
30-year
fixed,
because
it gives me the option to pay principal on the loan
(but
only
if
*I
*decide
to do so). Right now, it makes more sense for me to
put
$25-30k
per
year
away in a qualified pension plan than to pay
principal on
a
home
mortgage.
In 4 1/2 years, I'll only be 38...and I'll have an
extra
$6000/mo
(before
taxes) to put towards principal and/or retirement
savings. At
that
time, I
can get a 20 year conventional fixed mortgage, and
pay
the home
off
before
I'm 60.


Yeah, sure, whatever.......

basskisser, is that the best you can do when you see a
good
idea
put
in place?
--
John H

No, but you know how NOYB is, no sense in trying to make
him
think
anything other than what he does, says, where he lives,
his
occupation,
his thoughts, and on and on, are anything less than
superior
to
anyone
else in the universe. Just ask him! Now, as far as a "good
idea",
he's
admitted himself that he is financially stretched tight.

My daughter has commented to me about having a negative
balance, on
occasion, in
my checkbook. To her, who has bounced a check to me, this
was
really
something
to 'catch her dad' with.

There are times when it is beneficial to one's longer term
interests
to be
somewhat 'stretched tight'. That is not, necessarily, a
sign of
bad
financial
management. I financed my house for 15 years instead of 30.
The
additional
payment amount stretched me a little more than I had been,
but
I
think that the
long term benefits will be worth the stretch.

Ah, now, paying off a loan quickly is right the opposite of
an
interest
only loan! You are purposefully paying off the principal
quicker,
while
he isn't paying ANY of it off. I've got a 30 year fixed, and
it
will be
paid off in 17 years because of extra payments applied
directly
to the
principal. I don't care what anybody says, I don't like being
in
debt.
I don't take out car loans, I save until I have cash to buy a
car,
therefore I don't pay anybody to use their money. Same
principal.

Well, once you read my other post you'll see why your idea
isn't
necessarily the
best.

If he us using the money he saved on the principle of the
home
loan to
pay
off
the business loan (with perhaps a higher interest rate)
sooner,
then it
seems as
though he's doing a smart thing.

Wouldn't you think that he knows more about his finances than
you
do?

A tree stump knows more about finances than the "King"

Paying off the house early is like buying a 2-1/2% bond.


I expect he'll get very mum on this subject shortly.

Now he's going to threaten you for bringing his mum into this.

You ARE an idiot, aren't you?

Well, you did get pretty mum, as far as my responses to you went.

And I wonder is asslciker has stopped beating his wife? ;-)

Here we go again, Fritz trying his hardest to prove his complete
ignorance. Please, Fritz, show me what evidence you have that I have
ever beat my wife. Do you have any? Please notice, because I know you
aren't mentally capable of discerning truth from ignorance, that be
saying the above, you somehow think that I've beat my wife in the past,
or else you wouldn't have asked whether I've STOPPED. What proof do you
have of such? Hmmm? Also, I see that you still aren't intelligent
enough to post without childish name calling.

Dr. Dr. Karen Grear wrote:
"basskisser" wrote in message
oups.com...

You ARE an idiot, aren't you?


Is it necessary to use childish name calling?

In this instance, yes. It's the only thing he can comprehend.