Yours Truly
6.6K posts

Yours Truly
@fearexile
Fear the Lord
Los Angeles, CA Katılım Kasım 2011
874 Takip Edilen71.1K Takipçiler
Yours Truly retweetledi

@kirawontmiss The show is absolutely trash now if anyone hasn’t seen it
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y'all clearly did not watch this show
WELCOME TO BLACK TWlTTER @blacktwiterthrd
I speak for everyone when i say they need to bring back The Boondocks.
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@HoopsCrave @irisilea Dropping 3 albums before the World Cup is insane
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Make Them Pay (10/10)
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2 Hard 4 The Radio (10/10)
Ran To Atlanta (10/10)
Make Them Cry (10/10)
Plot Twist (10/10)
Make Them Know (10/10)
National Treasures (10/10)
Whisper My Name (9.5/10)
What Did I Miss (9.5/10)
Janice STFU (9.5/10)
Dust (9/10)
Little Birdie (9/10)
B’s On The Table (8.5/10)
Shabang (8.5/10)
Burning Bridges (8.5/10)
Don’t Worry (7/10)
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Yours Truly retweetledi

Here's a way better way to buy a house than getting a bank mortgage.
Instead of putting a big down payment, take that money and invest it in great stocks for 10 years.
During that time, rent a place to stay. For anyone who thinks you're throwing money away by renting, keep in mind that almost the entire mortgage payment you pay during that time is going to the bank's interest, not the principal.
Your rent will probably be less than your mortgage payment + property tax + repairs. So use that extra money to buy more stocks.
After 10 years, take a loan out against your stock portfolio and buy your house in cash. You will now own the house outright and have the deed - unlike getting a mortgage, where the bank holds the deed.
Your loan rate will be WAY lower than a mortgage rate because it's secured by your stock portfolio. Also, you don't have to pay back the loan on a monthly schedule. You can pay it back at your own pace, or don't pay it back and let the interest accrue on the loan. You never have to worry about the bank taking your house if you miss a few mortgage payments like a bank loan.
After it's all done, you own a house outright with a loan to yourself, and you never sold your stock portfolio, which keeps appreciating.
BTW, that's exactly what I did.
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