1.22.2020

New year, new routines

The payday of the month is fast approaching. This will be the first time in a very long time that we have chosen to repay $600 on our mortgages instead of investing them on the stock exchange. In previous years, we have invested $1,200 on the stock exchange each month, from now on it will be $600 instead.

Currently, our apartment is mortgaged to 53% based on the purchase price 8 years ago. Since a revaluation is only a "photograph" of the market valuation being done in, we have no interest in doing so. The terms of our mortgages were good from the start. The real value is only obtained from a sale.

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