Taking Equity out of Home to Go on Guided Hunts

[Svivian]

Actually it’s 2026 now so it would be 2 years worth of interest at this point. If he drew the entire amount and didn’t pay anything towards the principal he’d have paid almost $40k in interest so far. Decent savings over the pay as you go option.

He still has one hunt to go so depending on when it occurs it will most likely be 3 years. Atleast that’s what I based my math off of

 

[Agross]

Where’s all the write ups and pics. Let’s see em

 

[BRWNBR]

When I started guiding in 1998
Moose-5000
Kodiak brown bear 8000
Dall sheep 6000
Mtn goat 3500

Think of how much you coulda saved if you had done all these hunts as a 20 year
Old!!

 

[Cyril]

When I started guiding in 1998
Moose-5000
Kodiak brown bear 8000
Dall sheep 6000
Mtn goat 3500

Think of how much you coulda saved if you had done all these hunts as a 20 year
Old!!

If you put that total amount in an S&P 500 index fund at that time, today it would be worth over $250k which would more than pay for those hunts now. Not saying that is the right choice. There is no guarantee if you save the money you will be capable of doing the hunts.

A coworker once told me, never tell anyone else what to do with their money.

 

[BRWNBR]

Cyril you ain’t wrong!
I had alot of young clients who had taken loans out to do their hunts because they wanted to be physically ready instead of financially ready.

Money is a mess in the world today, prices skyrocketing faster than we get raises. Almost like someone wants to control us or something…
Minimum wage so high companies go bankrupt….housing market teetering on the verge of out of reach for even dual income families…