SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (114228)7/24/2001 4:47:56 PM
From: Mark Adams   of 436258
 
Author of Ordinary People Extraordinary Wealth has been on Bloomberg advertising that home equity is the cheapest source of financing for most people. After considering the tax benefit, people can borrow for just north of 5%.

He suggested that if there are any investments paying more than that, it made sense to carry the biggest mortgage you can (leveraging your future appreciation) and investing excess cash in higher yielding investments. Last year, you could have bought CDs paying better than that.

Note that he must not expect sustained deflation, which would totally torture a person using this strategy- and quite successfully during the past inflationary decades.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News