Im contractor in a HQ G2/6 directorate. Donāt know who my COR is though. Could be youā¦..
Hopefully in cheese whiz on feet contentā¦.
Not me
Feel free to DM me, I think youāll be surprised by the specifics of my job as well as my background. We might have more in common than you think!
I sold my old house and my C6 and paid cash for mine. The actual real question is, do you have the patience to save your money and enjoy your hobby interest free? I canāt imagine these kids (Iām only 33ā¦) that put $1000 down and make a literal mortgage payment on a depreciating asset that they then dump more money into in modifications that hardly increase the value of the car. Itās unreal.
We just got a quote for a pool. 100K and the better half is all about itā¦FML
Is it just me or are the phone and tablet app games for kids filled with identical sounds as slot machines? Makes me think the industry is conditioning kiddosā¦.
It's okay. Money was good but it got old. I'm procedural now. They can't pay me enough to go back to bedside.
I considered paying all cash, but would have needed to sell some stock/investments at the time. Instead decided to put 20k down and finance the rest @ 2.49% via local credit union. This was back in May 2021.I sold my old house and my C6 and paid cash for mine. The actual real question is, do you have the patience to save your money and enjoy your hobby interest free? I canāt imagine these kids (Iām only 33ā¦) that put $1000 down and make a literal mortgage payment on a depreciating asset that they then dump more money into in modifications that hardly increase the value of the car. Itās unreal.
ok Iām off my soap box
Objectively, thatās a killer rate! I wasnāt buying new but every time Iāve looked into a loan (and Iāve got dang good credit) I havenāt seen less than 7%. I just donāt know how people justify it, I certainly canāt!I considered paying all cash, but would have needed to sell some stock/investments at the time. Instead decided to put 20k down and finance the rest @ 2.49% via local credit union. This was back in May 2021.
So far, this has worked out to be the right choice, but obviously that could change depending on the market over the next 3 years
It's definitely interesting how people financially justify things. I'm mainly shocked by the people who are making under six figures, still renting, and then go out and buy a $60k+ sports car with minimal downpayment. While they can make the payments they completely miss the opportunity cost in them not investing excess cash flow and/or saving for a downpayment on the house. I feel like these also tend to be the people who buy a car and then 2 years later are in another new car so its a vicious cycle. But also if you're going to keep it for 10 years then maybe the opportunity cost while young is worth it to them especially if they have the future income potential to offset.
I will rent till I die. Being able to hop from city to city, not on the hook for repairs, not hunkered down/tied to a piece of land I don't want, is where it's at for me. I get some people want to like.. live in the same place forever, but the cost of housing repairs, the unpredictable housing market of the last 20 years, and the total hellscape of the Fed's hand on the interest rates make this a no-brainer.
