Who here is wealthy?

[bird_dog0347]

Im dead nuts even, house payment and day care.

I could have a boller ass lake house for what I pay in day care costs.

I hear ya.. Little over $1300 a month in child care, two kids under 3.

So I have 2 kids (6 1/2 and 3 1/2 years old) and they've been in day care since 8 weeks old. And My oldest was in kindergarten last year, but in the summer he's back at day care. I've added it up and since 2008 I've spent almost $81k on child care... And for the record, I've had a vasectomy... like 2-3 more years and I can stop paying that shit all together.

[jayjohnson600]

OP: Who here is wealthy?

I used to think in those kinds of terms. Now I think in terms of being happy and healthy.

[MattB]

I'm saying he's better off investing that money into a brokerage account of some sort than putting it towards principle on a mortgage.

Dave Ramsey says otherwise!!!

[jayjohnson600]

I'm saying he's better off investing that money into a brokerage account of some sort than putting it towards principle on a mortgage.

That depends on your outlook for the markets and financial instruments used as compared to the mortgage terms.

Put the money where you think it will benefit you the most, or where it will work harder for you. Account for risk in your assessments.

[Baron Von Crowder]

I didnt even make enough today to cover my gas to drive in. Guess I need to find wealth elsewhere.

[racrguy]

So I have 2 kids (6 1/2 and 3 1/2 years old) and they've been in day care since 8 weeks old. And My oldest was in kindergarten last year, but in the summer he's back at day care. I've added it up and since 2008 I've spent almost $81k on child care... And for the record, I've had a vasectomy... like 2-3 more years and I can stop paying that shit all together.

Kids: The worst investment since the history of ever.

[dblack1]

Holy balls on day care expenses. Unless the wife is making a good wage that shit is pointless.

[Broncojohnny]

I'm saying he's better off investing that money into a brokerage account of some sort than putting it towards principle on a mortgage.

The problem with this right now is that every asset class is over valued. Stocks, bonds, real estate, investment grade guns or cars, etc. There is nothing that I would buy right now unless I knew I could flip it immediately for a good profit. There is a credit related disaster brewing and no one knows when the explosion will happen.

[YALE]

The problem with this right now is that every asset class is over valued. Stocks, bonds, real estate, investment grade guns or cars, etc. There is nothing that I would buy right now unless I knew I could flip it immediately for a good profit. There is a credit related disaster brewing and no one knows when the explosion will happen.

Let me get college finished before Obalama forgives all the student debt. He's forgiving student debt now, right?

[slow99]

He's forgiving student debt now, right?

I need more info on this.

[sc281]

I need more info on this.

Lol, I bet.

[Sean88gt]

I need more info on this.

No shit. Part of me hoped I would fail to save the money. I didn't, so now I'm banking on a bailout.

[95DRGT]

2 girls in college and 1 teenage boy at home that can put away some groceries -FML

[YALE]

I need more info on this.

I'm kidding.

[Roscoe]

The problem with this right now is that every asset class is over valued. Stocks, bonds, real estate, investment grade guns or cars, etc. There is nothing that I would buy right now unless I knew I could flip it immediately for a good profit. There is a credit related disaster brewing and no one knows when the explosion will happen.

That's no lie, which is why gold and silver are a good part of the portfolio.