No more stackin, paying mortgage off early! Or at least thats the plan.

[maverick]

No more stackin, paying mortgage off early! Or at least that's the plan.

Hey everyone, yup, no more stackin for me! So, I came up with this crazy idea about a month ago to get my mortgage over and done with early ( I have just over 6 years left ) to free up the extra money to do bigger and better things with ( besides let my bank get richer from interest on my mortgage ) like more CRHing and starting a new side business plus dabble in other buying and selling that I used to do. I average now about one principal payment a month in my Silver finds so I am just going to keep selling my finds at the end of each month and and send that check to my mortgage in a principal payment, if I am lucky enough I should cut my time down to about 3 years or less, this is if everything goes smoothly which it never does . I put a pick of my log book for this year which shows January's finds, I actually made about 2 principal payments worth of finds in January. Yes I am sure that people will say that I am giving the Silver away somewhat but, is it really worth holding on to each month and paying out about 500 a month in interest just to hold my Silver, NOT IN MY BOOK. So I'm not sure how smoothly this is going to go but going to give it a try, I am going to try and add a few more boxes a week to my searches to try and find just a bit more this year to make up for the principal payments getting larger as the loan gets closer to the end. Having my mortgage done in 3 years will open up a whole world of new opportunity for me and my family. Of course this all depends on my finds, not getting shut down anywhere, not having orders missed ( which happened this week already ) not getting sick and yada yada yada.... but it should work for the most part.

If you look at my January finds ( which were exceptional I'll admit) I made over $1500.00 in selling Silver, that is about 2 principal payments to my mortgage, see how that works . I sell to Provident Metals in case anyone is wondering. I have checked the other companies and Provident always has the better price so I use them. All right, so that's my story and I'm stickin to it! Good luck to everyone this week! HH, Maverick. Oh and this week totally sucked for me, I ended up short on boxes so only got to search 1 bag ( which was a dump and 12 boxes this week, I have 4 boxes left to search this weekend from that batch but my hopes aren't high at all..... so far for the week I'm sitting at 16 40's and 4 90's whaa whaa whaaaaaaa .

 

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[maverick]

Awesome plan, Mav! But why not just sell all of it now and pay it off even faster? I don't hold on to any of my silver anymore - paranoid it's gonna go down to nothing.

Hey BB, I guess I could sell what I have stock piled but at today's prices it won't really be enough. I want to keep what I have for the "just in case scenario" you know. I know it is wishful thinking but, what if next year the price of Silver hits 40 or more bucks, hell, even 30 would make a huge difference in what I'm holding, then I would probably let it all go and be really close to my goal. I've been seeing Silver slowly going up this past week, today it hit a high of $15.10, something might be in the works who know's, so I'm gonna hang on to what I have right now and see what happens in the future and just keep selling my finds at the end of each month to get ahead. HH, Maverick.

 

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[Rustystcloud]

Good for you Mav. I have all the confidence in the world you will achieve your goal. Just let me know when you rent so I can move in and get "grandfathered" in on your CRH system

 

[Beachkid23]

I have a box going from all my silver I find yard sales. And then all of my scrap gold goes in there as well. We have our house with my parents and I think we have like $96,000 on it. Supposed to be paid off in 13 years. But so far I have a decent amount in silver stacked up. I would love to have it paid off in three years. A lot of people ask me why I keep going to yard sales so much and buying as much I do but I have a goal and I plan on hitting it. Maybe I'll take five years but we paid off 10 grand in credit card debt in one month. Why can't I pay off that much mortgage payment in five years. This house is basically my retirement account. Minus whatever jewelry I stashed away and my wife's pension. And whenever I put into a Roth IRA. I'm still youngish, I'm 35 and I have a choice to make every night. I can go to bed at 8 o'clock or nine. Or I can sell as much stuff as I can until midnight and do it again the next day. Take care of the family time and take care the kids and take care of everything but I would really like to see this thing paid off in the next five years. I would love to pay the taxes, insurance and association fee on the first of the year and be done until the following January. Which is like $3200 total.

 

[fistfulladirt]

You have a great plan. I paid off my six-figure mortgage in 10 years instead of 30.
Now I'm too cash-heavy!

 

[maverick]

Good for you Mav. I have all the confidence in the world you will achieve your goal. Just let me know when you rent so I can move in and get "grandfathered" in on your CRH system

Lol, never thought of that, you can come and coin roll hunt for a week or a month and up your stash . HH, Maverick.

 

[maverick]

You have a great plan. I paid off my six-figure mortgage in 10 years instead of 30.
Now I'm too cash-heavy!

Cash heavy huh, lol, sure wish I had that problem, maybe someday, we all can dream right? HH, Maverick.

 

[tony curnick]

South Africa has a bank rate of about 6'5 percent...put your money into South Africa and you will get a better return....we have had bank rates up To 21 percent...

 

[boristhespider88]

Hey everyone, yup, no more stackin for me! So, I came up with this crazy idea about a month ago to get my mortgage over and done with early ( I have just over 6 years left ) to free up the extra money to do bigger and better things with ( besides let my bank get richer from interest on my mortgage ) like more CRHing and starting a new side business plus dabble in other buying and selling that I used to do. I average now about one principal payment a month in my Silver finds so I am just going to keep selling my finds at the end of each month and and send that check to my mortgage in a principal payment, if I am lucky enough I should cut my time down to about 3 years or less, this is if everything goes smoothly which it never does . I put a pick of my log book for this year which shows January's finds, I actually made about 2 principal payments worth of finds in January. Yes I am sure that people will say that I am giving the Silver away somewhat but, is it really worth holding on to each month and paying out about 500 a month in interest just to hold my Silver, NOT IN MY BOOK. So I'm not sure how smoothly this is going to go but going to give it a try, I am going to try and add a few more boxes a week to my searches to try and find just a bit more this year to make up for the principal payments getting larger as the loan gets closer to the end. Having my mortgage done in 3 years will open up a whole world of new opportunity for me and my family. Of course this all depends on my finds, not getting shut down anywhere, not having orders missed ( which happened this week already ) not getting sick and yada yada yada.... but it should work for the most part.

If you look at my January finds ( which were exceptional I'll admit) I made over $1500.00 in selling Silver, that is about 2 principal payments to my mortgage, see how that works . I sell to Provident Metals in case anyone is wondering. I have checked the other companies and Provident always has the better price so I use them. All right, so that's my story and I'm stickin to it! Good luck to everyone this week! HH, Maverick. Oh and this week totally sucked for me, I ended up short on boxes so only got to search 1 bag ( which was a dump and 12 boxes this week, I have 4 boxes left to search this weekend from that batch but my hopes aren't high at all..... so far for the week I'm sitting at 16 40's and 4 90's whaa whaa whaaaaaaa .

I didn't see it in your post, but I'm also half asleep as well. Are you just selling off your 40%ers, or 40%ers and 90% Kennedys, or just everything you find? Good luck paying your mortgage off and it's nice seeing you post more on here!

 

[mxh5891]

I didn't see it in your post, but I'm also half asleep as well. Are you just selling off your 40%ers, or 40%ers and 90% Kennedys, or just everything you find? Good luck paying your mortgage off and it's nice seeing you post more on here!

I believe he is selling everything.

 

[maverick]

I didn't see it in your post, but I'm also half asleep as well. Are you just selling off your 40%ers, or 40%ers and 90% Kennedys, or just everything you find? Good luck paying your mortgage off and it's nice seeing you post more on here!

DS! Hey man, I'm sorry I haven't checked in on FB really since before Christmas, I didn't want to throw more tragedy out there but my Grandparents were killed the week before Christmas in a car accident and after the funeral and all I just didn't feel like dealing with all the family's posts about it and reliving it over again, it was hard enough to deal with already ( I guess I should check in there by now). Anyway, hope you and the wifey are doing good ( since I haven't checked) and all is well with you guys!

So, to answer your question, no, I'm not selling what I have already I'm just selling all my finds from this week ( or actually January) going forward for the next mmmmm, well till the house is paid for lol, hoping 3 years. I don't want to dig into my stash that I have accumulated over the years, saving that for the future or the "what if" scenario ya know . I know there was something I was suppose to look and see if I had for you but, with all that happened I honestly totally forgot, I'm sorry about that , I know that's not why your asking but I just remembered. PM me so I can check for you and nice to see ya! HH, Maverick.

 

[maverick]

South Africa has a bank rate of about 6'5 percent...put your money into South Africa and you will get a better return....we have had bank rates up To 21 percent...

I don't really trust or know much about that, but I do keep getting this email from Nigeria that I guess I should check into..... something about the lotto winnings . HH, Maverick.