# If you sold everything and paid off debt, would you be + or -

**URL:** <https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141>\
**Category:** NYSpeed Off Topic\
**Created:** [May 9, 2008, 5:36am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141 "2008-05-09T05:36:51Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [May 9, 2008, 7:03am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/21 "2008-05-09T07:03:55Z")

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by selling off are we liquidating investments too? If so, up a lot, if not up by not as much as i would like.

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**Author:** ![Zer0DazE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/zer0daze/32/7624_2.png) [@Zer0DazE](https://forums.speedlife.net/u/Zer0DazE)\
**Post date:** [May 9, 2008, 7:23am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/22 "2008-05-09T07:23:46Z")

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- 

edit:  
shouldn’t there be a poll?

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**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\
**Post date:** [May 9, 2008, 7:24am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/23 "2008-05-09T07:24:41Z")

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^ Thought about that, but then there would only be 3 posts.

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**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\
**Post date:** [May 9, 2008, 7:26am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/24 "2008-05-09T07:26:00Z")

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add a poll zd

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**Author:** ![Tevenor](https://avatars.discourse-cdn.com/v4/letter/t/8baadc/32.png) [@Tevenor](https://forums.speedlife.net/u/Tevenor)\
**Post date:** [May 9, 2008, 7:32am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/25 "2008-05-09T07:32:38Z")

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+. By enough to live in a 3rd world country for a bunch of few years. So about $358.27 or so. 😃

Probably a bunch more if you count a complete liquidation which includes 401k, ROTH, stocks/funds, etc.

Not enough, but more than I had.

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**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\
**Post date:** [May 9, 2008, 7:45am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/26 "2008-05-09T07:45:11Z")

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With the poll added, I think a lot of people are lying. I mean school loans! WTF! Did all of you assholes go to ECC for a year or something? UGHHH!!!

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**Author:** ![StairSRT4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/stairsrt4/32/7585_2.png) [@StairSRT4](https://forums.speedlife.net/u/StairSRT4)\
**Post date:** [May 9, 2008, 7:49am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/27 "2008-05-09T07:49:44Z")

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> [@sureshot!](#):
>
> With the poll added, I think a lot of people are lying. I mean school loans! WTF! Did all of you assholes go to ECC for a year or something? UGHHH!!!

Maybe some people’s parents paid for the college

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**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\
**Post date:** [May 9, 2008, 7:51am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/28 "2008-05-09T07:51:05Z")

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if I got market value or near market value on my house i’d be + for sure

edit: does this include cashing in stocks/funds? if so then certainly, even if i got a crap deal on my house 😛

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**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\
**Post date:** [May 9, 2008, 7:54am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/29 "2008-05-09T07:54:05Z")

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Yep, includes Stocks and 401K

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**Author:** ![BluBalls](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bluballs/32/7212_2.png) [@BluBalls](https://forums.speedlife.net/u/BluBalls)\
**Post date:** [May 9, 2008, 7:54am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/30 "2008-05-09T07:54:41Z")

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> [@sureshot!](#):
>
> With the poll added, I think a lot of people are lying. I mean school loans! WTF! Did all of you assholes go to ECC for a year or something? UGHHH!!!

I paid for college myself… went to UB for 5 years 🙂

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**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\
**Post date:** [May 9, 2008, 7:55am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/31 "2008-05-09T07:55:17Z")

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Can we change the last one to say “I spend 75% of my gross income on a car and live in my parents basement”

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**Author:** ![Carnut](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carnut/32/7590_2.png) [@Carnut](https://forums.speedlife.net/u/Carnut)\
**Post date:** [May 9, 2008, 7:55am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/32 "2008-05-09T07:55:35Z")

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i would have to say that I would be in a world of pain

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**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\
**Post date:** [May 9, 2008, 8:01am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/33 "2008-05-09T08:01:27Z")

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> [@sureshot!](#):
>
> With the poll added, I think a lot of people are lying. I mean school loans! WTF! Did all of you assholes go to ECC for a year or something? UGHHH!!!

luckily i only paid for myself for a year of college, or yes i’d be in the red like whoa

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [May 9, 2008, 8:06am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/34 "2008-05-09T08:06:47Z")

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Does “everything” include spare organs, bone marrow and blood?

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**Author:** ![Carbonfiberhooded](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/carbonfiberhooded/32/7608_2.png) [@Carbonfiberhooded](https://forums.speedlife.net/u/Carbonfiberhooded)\
**Post date:** [May 9, 2008, 8:11am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/35 "2008-05-09T08:11:25Z")

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Yeah student loans own me as well.

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**Author:** ![jay\_g](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jay_g/32/111288_2.png) [@jay\_g](https://forums.speedlife.net/u/jay_g)\
**Post date:** [May 9, 2008, 8:13am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/36 "2008-05-09T08:13:20Z")

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- a few g’s

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [May 9, 2008, 8:20am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/37 "2008-05-09T08:20:37Z")

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- by quite a large margin.

I do find it ironic that people that say “if I sold my car I’d be positive” are ragging on others for their financial choices.

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [May 9, 2008, 8:22am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/38 "2008-05-09T08:22:00Z")

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> [@sureshot!](#):
>
> With the poll added, I think a lot of people are lying. I mean school loans! WTF! Did all of you assholes go to ECC for a year or something? UGHHH!!!

No, I didn’t graduate last year, and don’t make $50k/yr :walter:

But to your point, I bet a big part of it is people thinking they’d sell their car for quite a bit more than it would actually go for.

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [May 9, 2008, 8:26am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/39 "2008-05-09T08:26:10Z")

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No school loans  
No car loans  
No mortgage  
$$ in the bank  
$$ in my whips  
$$ in 401K

I’d be + a bunch

Until I buy a house, which I’d like my first house to be paid in mostly cash.

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**Author:** ![MaximaSE98](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/maximase98/32/7600_2.png) [@MaximaSE98](https://forums.speedlife.net/u/MaximaSE98)\
**Post date:** [May 9, 2008, 8:32am UTC](https://forums.speedlife.net/t/if-you-sold-everything-and-paid-off-debt-would-you-be-or/48141/40 "2008-05-09T08:32:39Z")

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i woudl still be in the -Student loans own me…but not by very much i would say 5k…me car isnt worth squat and I know it

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