[Boomer]

Hi rshoffer and anybody else caught in the great debate over mortgages, (I think there may be two discussions going on in this thread.)

Well, I just wrote a whole big thing on the topic of mortgages, about which I had no business writing.

And then I somehow hit the wrong button and managed to delete the whole thing.

It was all about how, at our age, we should try not to borrow money that we do not have.

But about how sometimes it is just fine to have a mortgage over your aged head, even if your head is aged.

And about how having a mortgage at this age should happen only if you are sure your ROI is going to generate that payment as long as you want it to. Or at least the principal is hanging tight so you can dip in if you need to dip in. (But try not to.)

And about how if you decide to have a mortgage, you should make sure that there is no prepayment penalty, in case you change your mind.

And about how not to let anybody tell you to have a mortgage just for the tax write off because that is a bit of a crock and those numbers will not wash.

Got cash? If so, then to mortgage or not to mortgage would depend upon where that cash is living right now. And about how bad you want that cash to keep on living where it is living.

And don't get me started on title insurance. That's in another thread. And sometimes I write about prenups and sometimes I write about Long Term Care insurance. And sometimes I write about real estate. And I really should just write about how nobody should pay any attention to me whatsoever because I have no qualifications to advise in any of this stuff. Just life.

And all it ever is anyway in all this stuff is your own personal cost of sleep. Just make sure that you completely understand your own personal sleep number(s).

And the first one I wrote was way better than this. There was a bunch of other stuff in it. But that one is gone forever.

And I really need to shut up and get back to my own personal paperwork anyway.

Boomer