Too embarassed to tell anyone I know IRL, but am excited for my new future. Been throwing alot of money with small things. PC, alcohol, movies (and im ashamed to say, funko pops). Recently i took the plunge and cut out alcohol in an attempt to get my life together, and i feel like i have a whole new start.

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[–] ContrarianTrail@lemm.ee 8 points 1 week ago (6 children)

I hope you're not keeping that on your bank account. Make it work for you. I've put all my savings into diversified, low-cost index funds.

I recently reached a point that I could pay off my house if I wanted to. I'm really tempted to, but I think I'll just keep it invested.

[–] Peppycito@sh.itjust.works 8 points 1 week ago (1 children)

Is it giving you a higher return than you pay in interest? Personally I'd pay off the mortgage.

[–] Iampossiblyatwork@lemmy.world 9 points 1 week ago (1 children)

Spy has been yielding double digit returns for years... That's definitely bigger than most mortgages in the US.

[–] Peppycito@sh.itjust.works 1 points 1 week ago (1 children)

Then you should get rid of your mortgage payments and put it all in that.

[–] Iampossiblyatwork@lemmy.world 4 points 1 week ago

Huh? If my rate of return > mortgage rate it makes more sense to be leveraged. If my mortgage rate was 10% I'd be paying off my mortgage.

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