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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (35013)11/1/1998 1:00:00 PM
From: accountclosed  Read Replies (1) of 132070
 
Or Mike,

Let's say someone bought into 90/10 and went to deploy the 90% in income producing spread positions, yet at the same time had a wallet full of 22% credit cards with balances. That would be dumb. I daresay MB would payoff a high rate credit card with his first extra dollar before adding to his income portfolio. Certainly everyone that strategizes on this thread has external finances. How do you advise them to think about integrating their thinking about external finances with what they are doing in their portfolio?
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