I知 Debt Free

[Greenback Reproduction Specialist]

That was a bit like reading an info-commercial transcript. Lol

[Davnasty]

That was a bit like reading an info-commercial transcript. Lol

Or a prescription drug disclaimer. Try reading it real fast.

[Lmoot]

Boo hoo cry cry wah wah

For those who may be interested --

Go to your profile --> Buddies/Ignore List --> Edit Ignore List --> Add I-Ranger

Already on my ignore list.  Thank you for summing up I-Ranger's post so I don't feel the desire to click "show post anyway".  :)

Okay, okay, let's put the animosity behind us. How about the following as a compromise? I think it covers all bases: congratulating the OP, an explicit statement that it isn't meant to be a facepunch, and some info and resources for educational purposes.




Congrats to the OP!!!! Being debt free is awesome!!!!


The following disclaimer is in no way meant to diminish your accomplishment, but is simply for educational purposes for the uninitiated:

Disclaimer: While pre-paying your mortgage may feel good, in the US, it is often a suboptimal financial decision that can delay FIRE while putting you at greater risk of losing your home during the pre-payment period. It is strongly encouraged that you do the math on your own situation to have a full understanding before making such a major financial decision.

MMM, who paid off his mortgage, had this to say: "...I will grudgingly admit that you will probably do much better investing in Index funds rather than paying off your mortgage."

Here is an excellent educational thread on the subject: https://forum.mrmoneymustache.com/throw-down-the-gauntlet/dont-payoff-your-mortgage-club/

Most things are suboptimal. It's one of those words/meanings that sounds worse than it typically is.

[AnxietyFly]

Boo hoo cry cry wah wah

For those who may be interested --

Go to your profile --> Buddies/Ignore List --> Edit Ignore List --> Add I-Ranger

Already on my ignore list.  Thank you for summing up I-Ranger's post so I don't feel the desire to click "show post anyway".  :)

done

[EngagedToFIRE]

Boo hoo cry cry wah wah

For those who may be interested --

Go to your profile --> Buddies/Ignore List --> Edit Ignore List --> Add I-Ranger

Already on my ignore list.  Thank you for summing up I-Ranger's post so I don't feel the desire to click "show post anyway".  :)

done

But you'll miss the stupid disclaimers and make sub optimal investing decisions!