Want to make $1000 a week trading.....I'm going to try!!! 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.

Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Marlin C. Harmon who wrote (498)	1/25/1998 10:44:00 PM
From: TraderGreg	Read Replies (1) of 1100

Yes, you made it too confusing. If the interest rate on the alternative investment is higher than the mortgage, then the alternative is the way to go. The mortgage interest is tax deductible but a CD is tax ABLE. That means wash, except for those with small mortgages where the interest paid is so small that they may actually take the standard deduction(this is rare in urban areas I am sure). In that case the CD would have to earn a higher rate than the mortgage. Not an easy thing to do. No need to go through complex amortizations, just compare the APY of the investment to the APR of the mortgage. TG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next