Sunday, August 31, 2014

Dreams of a home

I'm looking at houses for sale online. I'm so immersed in it, I forget where I am. I feel like I'm there...in Tacoma, in Seattle, in Bellingham.

Then it's time to go. I zoom out of my screen, come out of my trance and back into the coffee shop I'm sitting in...in Korea.

I've been informed that my school can only keep me for one more year after my current contract. I estimate that I'll walk out of here with a lump sum of cash and dividend income that would have been enough for a downpayment and mortgage payments for the place I was looking at in 2012. But it's not enough for any place I see these days.

I don't know. Maybe it won't happen. And maybe I can do better without a house. If I did get a house now and was able to get a job that covered the mortgage, I think I'd only be working my tail off just to pay off the mortgage...with barely enough working years to pay it off before retiring. And then what do I live on?

Naw...maybe I'm better off the way I'm doing things now; no mortgage, no rent, and using my spare savings for investment income with virtually no overhead costs. A new dream of sorts. Yes...