Intel Strategy for Achieving Wealth and Off Topic Message Board

STOCKTALK

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.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic

INTC 43.48

+8.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stonehenge who wrote (13502)	11/22/1997 6:03:00 PM
From: margaret tasset	Read Replies (1) of 27012

Hello Stonehendge, Re:About money for paying off the mortgage. That is a hard decision as I went through that same exact thing a year and a half ago and finally made the decision to pay it off and it was 8.75%. An investment counselor advised me not to do that. I did not sell any stocks to do it, but did it with money that I could have invested. I love having it paid off as that is a great feeling of being out of debt, but in hindsight if I would have invested the same money in Intel, I would have done better. You might check out how it effects you tax wise also. For me it was a wash, so that did not enter the scenario. In summary, the right or wrong of that decision really depends on what the market does just as any investment decision. But at least you know that you have a sure 8.125 % interest rate on your money (not considering any tax advantages or disadvantages). You also have a great feeling of knowing that you are out of debt as far as your home is concerned. With me another consideration was that if ever I was not able to pay my mortgage payment for awhile because of unexpected circumstances, it could not be taken away. This helps to protect the equity which was already in the home. (kind of insurance) If you already have quite a bit invested in your home, that might also be a consideration for you. Good luck. I hope this gives you some help. Go INTEL Margaret Long on INTEL :) :) :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next