Thank you. As you know this is my second property on which I've become mortgage-free - I really do wonder now why I put myself through it twice! I suppose because it's a diversification from shares and it's all been done from income and share-dealing so not a bad little savings scheme I suppose!
It certainly is. How about this for a gap though? When I was looking at Admiral a while back I asked Levis his views and one of the things he told me was that the highest broker price was about 1400p and the lowest about 500p!! Hence my comment about how much their SP targets are worth.
Congrats Jeremy and welcome to the club. I’ve been mortgage free and semi retired for the last ten years. You are right it does take a great deal of pressure off. It’s a superb feeling knowing you have a paid for roof over your head.
It also sounds like your well on the way Golden Shares, if I can do it any one can I lost £232k in a divorce in 2003 and vowed to never have a mortgage again.
I bought a cheap house out right, did it up and then sold it for a good profit and then did all again and now I have a small but nice detached property.
I have to say to achieve mortgage free status in my case is mainly down to long days of hard work over the years. It hasn’t come easy.
Shares are for income in my view, not many people get rich on shares a lucky few maybe.
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