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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (8231)	3/20/2000 11:39:00 AM
From: pinhi	Read Replies (2) of 35685

Good Morning V, Just wanted to get your opinion on paying off a home vs keeping that money available in the CC writing pool. From a strictly left brain calculation, if you can borrow at 8% per year on a mortgage and then write calls at 8-10% per month or more, you want to do that all day every day. I paid off my home mortgage 5 years ago (with hindsight-foolishly) and when I buy my mountain home will have access to that money again available for investment and then take out a mortgage on the new home. For many, this is an emotional issue. Any comments, opinions from anyone please? Pinhi

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