FED cuts rates to ZERO

a reply to: AutomateThis1

But I'll keep living my life the way I want until the day I die

Or the best you can.

It's the best anyone can do. I have to admit that I've been fortunate. Some of that can be attributed to my own efforts, some not. I know that.

originally posted by: EternalShadow
a reply to: AutomateThis1

Think of your kids or grandchildren if that applies.

Don't take this personally, as I have no ill-will towards you.

Don't tell me how to think. Especially with some "think of the children" type of comment.

I have no pity, and no time for appeals to emotion.

Life is tough. If I had children, they would have already known as such. By the time my hypothetical children were hopefully mature enough to have their own children, I would probably already be halfway in the dirt, and all the way in the dirt by the time they were old enough to notice their crotchety old grandfather had passed away from an aneurysm.

Also, just wanted to let you know, my no money comment was supposed to be a light-hearted comment. I predict im the mear future I'll be rich due to my stash of wet wipes. They are sooo much better than that dry fiber people love to wipe their butts with.

a reply to: AutomateThis1

Take it easy, I was implying how this will effect future generations. It wasn't a personal attack or me telling you how to think.

Sorry I may have come off that way.

originally posted by: Phage
a reply to: AutomateThis1

But I'll keep living my life the way I want until the day I die

Or the best you can.

It's the best anyone can do. I have to admit that I've been fortunate. Some of that can be attributed to my own efforts, some not. I know that.

We all get dealt the hand we get. It's how ya play them. Sometimes, it's waiting and seeing what comes down the river, and sometimes it's luck.

Or sometimes someone's just an a-hole who's counting the deck.

But, that's life. Own it. Make no excuses.

Phage, I've never really interacted with ya since joining, but I've had my mental/silent agreements and disagreements with ya.

In fact I'm just going to take this moment despite my thinking that everything is going to be okay in the end to say that while a lot of ya'll are a little illogical, and maybe even a little out there I do hope for the best for each and every single one of you and your loved ones.

While I may not believe the fear and anxiety caused by this is worth a worry, that doesn't mean that your fears and worries are invalid.

Just remember that panicked state of mind can put you at risk of being taken advantage of, amd possibly even endanger your lives. Try to remain calm, and really think things through.

Peace ya'll.

originally posted by: EternalShadow
a reply to: AutomateThis1

Take it easy, I was implying how this will effect future generations. It wasn't a personal attack or me telling you how to think.

Sorry I may have come off that way.

It's all good. I'll buy ya a beer if you're ever in my neck of the woods.

a reply to: AutomateThis1

da vinci, was pretty eccentric, if he were alive in 2020, I bet he would be here.

Cheers 🍻

originally posted by: Bicent
a reply to: AutomateThis1

da vinci, was pretty eccentric, if he were alive in 2020, I bet he would be here.

Cheers 🍻

I don't know lol. I'm sure he'd be living out on his own in the middle of nowhere on some Feddie watchlist for his experiments lol.

Whether we are 20 trillion or 200 trillion in the hole I don't think it really matters since it is all smoke and mirrors anyways...

originally posted by: Phage
a reply to: EternalShadow

It's all about the economy.

Oh... and November.

There's nothing to buy. Can't you folks understand that. You all are living in a dream world.

a reply to: AutomateThis1
With a subsidy from the Vatican? Or was he independently wealthy?

a reply to: musicismagic

There's nothing to buy.

Incorrect.
I went grocery shopping this morning and got everything I was looking for.

originally posted by: Phage
a reply to: musicismagic

There's nothing to buy.

Incorrect.
I went grocery shopping this morning and got everything I was looking for.

#te man I was watching too much kung fu movies then , sorry

originally posted by: Bhadhidar
I wonder if this will impact the mortgage and re-finance markets.

I have a very nice 3.75% 30 year fixed rate now, but if I could get below 2.75%, that would be very nice!

It's doing that in Canada.

I just bought a second house for $208,000 (List price was $264,000) @ 1.99% for 25yrs. It's insane.

originally posted by: Phage
a reply to: AutomateThis1
With a subsidy from the Vatican? Or was he independently wealthy?

You know? I can't remember where his money came from. I need to go do some reading.

People can pay their mortgage with their unemployment check.a reply to: Edumakated

originally posted by: IrateCanadian

originally posted by: Bhadhidar
I wonder if this will impact the mortgage and re-finance markets.

I have a very nice 3.75% 30 year fixed rate now, but if I could get below 2.75%, that would be very nice!

It's doing that in Canada.

I just bought a second house for $208,000 (List price was $264,000) @ 1.99% for 25yrs. It's insane.

Yup, I'm watching the housing market fairly close. Once I see the prices I like I might buy a house or two.

With the way houses here in Tennessee have been overpriced on subquality builds I wouldn't ever buy a premade house to live in, but if I could buy some at a lower price to rent out I would do that.

a reply to: AutomateThis1

With the way the economy is going and all the whack sh#t the feds are doing, I'm sure you will be able to within a 2-3 week range.

I cannot believe these interest rates - Definitely cannot complain.

My first house was $230,000 @ 4.19% back in 2014...

I finally refinanced it at the same time that I bought this second house and got 1.99% as well

Loving it.

a reply to: IrateCanadian

My parents aren't doing too badly either. They bought their house in '93 or '94 at 120k, and they could sell it today for almost 300k.

It's crazy. I wouldn't pay 300k for their house lmao. Actually, it's not a bad deal. It's got a decent yard, two garages, two sheds. They could convert one of the garages into a house, and rent that out if they wanted to. The rent alone would pay for any mortgage payments on the actual house.

If I had it, I would probably just keep the garages as is, so I could wake up and walk to work lol.

a reply to: EternalShadow

I'd like interest rates to be at least -20%.

That way I'll get as big a loan as I can and be paid for it. Maybe it can even pay itself off? hahaha

originally posted by: DaRAGE
a reply to: EternalShadow

I'd like interest rates to be at least -20%.

That way I'll get as big a loan as I can and be paid for it. Maybe it can even pay itself off? hahaha

The tables have turned and now the banks pay us to borrow money. That would be nice lmao