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Old May 18, 2010 | 12:49 PM
  #1631  
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Originally Posted by 8D_In_Trunk,May 18 2010, 01:38 PM
Given all that's transpired for you, I'd cash out and dump it into a no-load/low-load fund. . . but that's what I would do.
My concern is that the offer on the table either gives me nothing when I walk away (other than no debt) or just enough to give me living expenses until I find work...
Old May 18, 2010 | 12:53 PM
  #1632  
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Originally Posted by brantshali,May 18 2010, 12:49 PM
My concern is that the offer on the table either gives me nothing when I walk away (other than no debt) or just enough to give me living expenses until I find work...
If, and only if, you can auto-magically pay for the house over the next 5 years

AND

if you think that the increase in the house's worth will out-pace the market

THEN

you can consider holding onto it.

The turn-about on that is running the same kind of game, but on a 3-6 month basis, but IMHO, that's serious betting.
Old May 18, 2010 | 12:54 PM
  #1633  
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Hmmm...thanks for the food for thought...
Old May 18, 2010 | 12:54 PM
  #1634  
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I also forgot to hedge in rent vs. your mortgage payment on that 3-6 month horizon.
Old May 18, 2010 | 12:55 PM
  #1635  
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Rent could cover the mortgage with no problem. As for the recovery of the market...uncertain...
Old May 18, 2010 | 04:07 PM
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Originally Posted by brantshali,May 7 2010, 05:23 PM
Precisely my thinking. I like Ti for material because it's got the plushness of steel with more durability...

I don't ride a whole lot of stuff that requires suspension anyway...
Most Seattle roads require it.
Old May 18, 2010 | 04:15 PM
  #1637  
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Originally Posted by WestSideBilly,May 18 2010, 05:07 PM
Most Seattle roads require it.
Nah...
Old May 19, 2010 | 02:26 PM
  #1638  
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They do if you weigh 230 lbs and are on skinny tires.
Old May 19, 2010 | 03:14 PM
  #1639  
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Originally Posted by WestSideBilly,May 19 2010, 02:26 PM
They do if you weigh 230 lbs and are on skinny tires.
Old May 19, 2010 | 03:19 PM
  #1640  
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UnkieT,

So I'll be getting a very large check here very soon from Financial Aid for this past school year. I'll be able to pay off all my credit cards, buy books, and still come out with around $1k.

I really, really want a rode bike. I know it's a decent investment if I buy used, because I can likely sell it for what I bought it for.

But the side of me who seriously hates being in debt, and hates payments, and hates never having any "cushion" money--the one who's trying to be more smart about his money says save it for a rainy day. (I DO need new rear tires...)

Thoughts?



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