patrick.net

Just thought that paying off the house 10 years earlier seems make sense, don’t you think?

Feels good. But you're paying off inflated prices during that same time frame.

MITD is going away. Interest rates are going to rise. Housing prices have 95 in 100 chances to fall, 3 in 100 to stablize and 2 in 100 of rising.

Since you already bought, you might as well try to pay the least amount in mortgage payments as you can.

masayako2456 says

When SHTF, I just want to make sure my house is paid off

Why? Who is going to enforce your mortgage if the Armageddon you're predicting happens?

corntrollio says

masayako2456 says

When SHTF, I just want to make sure my house is paid off

Why? Who is going to enforce your mortgage if the Armageddon you’re predicting happens?

LOL. Exactly. When SHTF, you need lots of rations, fresh water, and ammunition. Those people you're afraid of (repo men) have families as well, and won't care in the slightest about their prior day job responsibilities, and the type of people who would try to come take your house at that point aren't going to be dissuaded by the fact that you hold the deed. You'll need a 12 guage for that.

Schizlor says

When SHTF, you need lots of rations, fresh water, and ammunition.

Don't forget a crossbow. If you don't want to attract the attention of deed-holders and the flesh-eating undead, you must defend yourself in total silence.

masayako2456 says

If the solar storm hit or earthwuake strike, especially in california.. and knock out all electricity, my hope is to be self-sustainable for 3-6 months with enough food, water, gasoline and medical supply

I highly recommend you to make AF as your friend.

what is your reliance on fossile fuels? how much gas and oil does your family consume per week. i think you should calculate fuel price scenarios and see how that will impact your budget. also, what is the water supply source in your area.

bubblesitter says

masayako2456 says

If the solar storm hit or earthwuake strike, especially in california.. and knock out all electricity, my hope is to be self-sustainable for 3-6 months with enough food, water, gasoline and medical supply

I highly recommend you to make AF as your friend.

2456, that proposition sounds sorta ridiculous. You live in an urban area of over 1M, and you're gonna sustain your Nuclear Family in some kinda cocoon off your hoard for 3-6 months in some kinda Omega Man existence? The closest thing I read about to trying to make that work was as the days grinded on in Weimar Germany. Read up on it: the only "escape" from it was to leave.

Think about it. You cannot stockpile enough ammo in your urban hideaway to make that a practical plan.

If you wanna be a survivalist, best relocate to the kinds of places they favor.

F*ckhead,

That Common Sense of His Own is so ridiculous that either his posts are written as parodies for comical relief or he is so out of touch with reality that it'd call into question the thinking behind the original post.

if the mortgage is less then rent, sure, that's always a good sign,
you have 3 income streams, your's the wife and the relative.
you have 3 adults at home.

hard to fuck up.

Now, here's what i would suggest.
Super insulate the roof and attic, so you use less energy.
Install a solar hot water heater, so you can always have hot water,
even if there is an interruption in utilities.

Add in rain barrels and perhaps a water cistern...

maybe a small 1500 watt PV array so you have critical power.

Good suggestion, I will definitely consider that.

patb says

if the mortgage is less then rent, sure, that’s always a good sign,

you have 3 income streams, your’s the wife and the relative.

you have 3 adults at home.
hard to fuck up.
Now, here’s what i would suggest.

Super insulate the roof and attic, so you use less energy.

Install a solar hot water heater, so you can always have hot water,

even if there is an interruption in utilities.
Add in rain barrels and perhaps a water cistern…
maybe a small 1500 watt PV array so you have critical power.