I've been told that I should re-fi and/or do CD

[theking]

When mortgage rates are low, some folks have told me that I should refinance and when I tell others or if they found out how much liquid assets I have, some have told me to put it in a CD..

My answers have been no to both for years now because I'm comfortable where I'm at. Currently, I'm financially stable and don't feel there's a need to explore those avenues at this time.

So no, I'm good. 

[theking]

Same goes for some of the things I've sold privately in the past such as cars and motorcycles. Some have asked why I'm asking so low for it and my response was always because I'm comfortable with that amount.

[theking]

Even little things like going to the buffet. I just eat what's needed, never waste just because it's a buffet.

[hmgROCK]

Yea
Kinda like your fake photoshop $1.7 million
Really liquid indeed

 

[hmgROCK]

So you get a chance to refinance your mortgage from 5% to 1-2%
Whatever it is
And you not going too???


THIS IS WHY YOU ARE BROKE
AND EAT DEAD ROTTEN CARP

[theking]

Yea
Kinda like your fake photoshop $1.7 million
Really liquid indeed

 

"If PH is in the background, it must be legit" - hmgROCK

 

[theking]

So you get a chance to refinance your mortgage from 5% to 1-2%
Whatever it is
And you not going too???


THIS IS WHY YOU ARE BROKE
AND EAT DEAD ROTTEN CARP

Speaking of "ROTTEN", I'll just let your closest bromance's words do the talking  :

..you're a no good dirty rotten liar..

"OUCH"..


And speaking of "BROKE", I'll just let your own words shoot yourself in the foot  :

..MY LAZY BROKE ASS

I don’t have money

[theking]

Or even when it comes to Facebook. I feel like I can communicate just fine with family members and friends without Facebook so I never feel the need to create a Facebook account...

So no need, all good at this time..

[theking]

Same goes for hand tools. When I feel like Craftsman is good enough to do the job and I'm comfortable with it, I don't feel the need to get Snap-on or Mac for the same job...

[hmgROCK]

DOK_CHAMPKA

Is waiting for you to show up on her GOFUNDME

https://www.gofundme.com/f/mbseqv-3hmong-a-community-of-giving-campaign

better hurry up man
Going be late for the dance

[theking]

Looks like your "reading comprehension" issues (per the neutral PH members) still persist..Well that's on you if it "went over" your "head" (also per the neutral PH members)...

[theking]

They always tried to justify their point by saying it's just going to "cost you time and a fee" to re-fi...

But I'm like nope, I'm comfortable where I'm at now so I rather use that time and money paid for that service fee on other things..

All good so don't feel the need to at this time...

[theking]

Same with CD, it's "just going to cost you some time filling out paper at the bank"..but I'm like I'm good so no thanks...

[VillainousHero]

It's amazing how all those fees for just refinancing has become crazy high.  Sure it may drop like 1% off the original loan, but they make a killing off the fee.  Yeah, I'm not interest is giving some refinance free money for just some paperwork fees that's not really gonna benefit me. 

In some instances it may be beneficial to refinance.  In most situations, it's the wrong thing to do.

[theking]

It's amazing how all those fees for just refinancing has become crazy high.  Sure it may drop like 1% off the original loan, but they make a killing off the fee.  Yeah, I'm not interest is giving some refinance free money for just some paperwork fees that's not really gonna benefit me. 

In some instances it may be beneficial to refinance.  In most situations, it's the wrong thing to do.

True in many cases...