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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 75.19-0.1%Jan 16 3:59 PM EST

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To: RetiredNow who wrote (59173)5/2/2002 8:46:00 PM
From: Victor Lazlo  Read Replies (1) of 77400
 
<<P.S. I have a truck load more in debt than I did in 1990, but my net worth is 10 times what it was in 1990. So I don't mind the debt (and no it's not margin or any other high risk debt, rather it's house and car loans). >>

Did you know that if you have an IRA or a 401k the govt does not count that as savings?

And if you take on personal debt against your house or unsecured personal debt and buy a small business, the debt shows up in govt figs as debt, but in terms of assets, your new business is ignored.
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