Medwed
Distinguished Member
- Joined
- Jun 8, 2011
- Messages
- 5,750
- Reaction score
- 1,453
So you are paying $50 to store your money in the mattress? And $50 fee goes towards quick access to the mattress?I think you gents are missing Med's important point here; whatever I'm doing is wrong and stupid as he's always right and far smarter than me.
Of course I felt no need to mention the rather large HELOC I keep open on the house, for a mere $50 a year service fee, as that wasn't really part of the topic under discussion. I have no plan to use it but for $50 a year to have the instant ability to tap that kind of funding it's nice if an emergency or investment opportunity should come along. Of course, the only reason I could open up that line of credit is because I made the decision not keep all my taxable discretionary savings in the market but rather to also use a portion to pay off the mortgage.
I understand that $50 a year is no doubt a rip off and I should have the banks writing me cheques for the honour of doing business with me.
You are too clever.