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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.99+1.3%3:08 PM EST

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To: Mark The Trader who wrote (50039)3/14/2001 10:22:35 PM
From: Monty Lenard  Read Replies (1) of 77397
 
I had a client yesterday ask me what to do with a batch of cash he had that he really did not need and will not need. He has a bank loan (working capital) in one of his businesses that he is paying 7-8% on. I advised him to take the bank out of the loan and furnish the working capital needed with his own money and let the corp pay him that rate so I would probably agree with what you said about paying off the home mortage. You can make more money by not paying them interest as you said.

Monty
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