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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (215591)1/19/2003 10:07:15 AM
From: Tommaso  Read Replies (1) of 436258
 
Just thought I would share a brilliant idea with my friends <G>:

Here's how that works: Every month, instead of paying into a savings or investment account, pay
down your principal mortgage as much as you can. At the same time, borrow money on your
house equity, and invest. Capitalize your interest costs, making interest on the interest
deductible.

Just like the entrepreneur who bought apples at sixty cents a dozen and then sold them for a nickel each.
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