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Debate House Prices
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UK Households wealthier than ever before
Comments
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Ahhh back to the muddling get out clause eh hamish0
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Graham_Devon wrote: »Ahhh back to the muddling get out clause eh hamish
If you stop muddling, then people wouldn't point it out......;)
You tried to conflate net wealth with instantly accessible cash.
Classic muddling.:D“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
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HAMISH_MCTAVISH wrote: »If you stop muddling, then people wouldn't point it out......;)
You tried to conflate net wealth with instantly accessible cash.
Classic muddling.:D
No, I asked what use it was, considering your glee0 -
We certainly felt wealthier before we had children. Dinkies, one friend called us."A thousand candles can be lit from a single candle without shortening the life of that candle."
I still am Puddleglum - phew!0 -
Graham_Devon wrote: »No, I asked what use it was, considering your glee
To build a future for yourself and family?
What else is it for?0 -
Typical debt-junky nonsense.
In reality you just want HPI to do the work and not have to overpay.
LOL, not at all.
It's actually a pretty sensible money saving strategy.
Ask yourself, what interest are you obtaining in you bank?
What interest are you saving by overpaying?
If the interest saved is greater than the interest earned then you are far better overpaying the mortgage.
Previously I calculated that by incurring the ERP, within 4 months I had saved enough on the interest to recoup the ERP costs and then was saving more.
Sounds like you need to understand better some pretty basic financial calculations.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »LOL, not at all.
It's actually a pretty sensible money saving strategy.
Yes, and that is downright obvious.
Your point was to try and state this was "accessing your wealth" and therefore increased paper wealth is fundementally changing your life / lifestyle. Both yourself and Hamish will not disagree with what I state. Instead, you claim I'm muddling (again), but STILL can't bring yourself to disagree with it even when challenged to do so on two occasions.
You've all become unstuck explaining this debt nonsense. If you'd just suggested you were saving money by paying down debt in the first place, there would have been no issue.
No need to try and suggest others don't understand. This is what others were explaining to you when your started your debt junky nonsense.0 -
Graham_Devon wrote: »Yes, and that is downright obvious.
Apparently not to some.Graham_Devon wrote: »Y
Your point was to try and state this was "accessing your wealth".
No, you obviously missed my point even though I was being transparently clear.
You said that the wealth cannot be accessed until the property was debt free.
I pointed out that you can access the wealth (cash) despite have a mortgage debt on the propertyGraham_Devon wrote: »Y Both yourself and Hamish will not disagree with what I state. Instead, you claim I'm muddling (again), but STILL can't bring yourself to disagree with it even when challenged to do so on two occasions.
your losing me. Possibly with your muddling.
It would be helpful to link / quote / paste the discussions you are referring toGraham_Devon wrote: »You've all become unstuck explaining this debt nonsense. If you'd just suggested you were saving money by paying down debt in the first place, there would have been no issue.
IIRC that's what I said.
There was a saving by overpaying the mortgage and that wealth could subsequently be accessed?
what issue are you creating?Graham_Devon wrote: »No need to try and suggest others don't understand. This is what others were explaining to you when your started your debt junky nonsense.
I never started any "debt junky" nonsense.
Please link where I have. I won't be holding my breath.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
Alright ISTL.
I don't believe I'm muddling. You still can't disagree with what i said, so let's leave it there eh. You call me a muddler, I'll state you are only doing that because you can't bear to agree with what was stated.
Your deby junky nonsense is on page 1. Another poster has also quoted it and called it debt junky stuff. Hardly difficult to find and you surely don't need me to link back to page 1?0
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