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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (30246)	12/27/1999 11:38:00 AM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 50167

just a quick comment on debt...from a general standpoint debt is not a good thing..."cash is king" carries its weight. Allocation of portfolio, age, risk tolerance, rate tradeoffs (rent, mortgage, cd, bond)...all impact decisions...the cost of renting a 3brm/2 ba home in Seattle...Missippi?...how about paying for a new roof, maintenance issues, is there an argument to rent vs purchase when all costs are considered? As far as a trick from the acct's perspective, again depends on allocation of portfolio, age, lifestyle,... My preference would to pay Uncle Sam (not!) his due and be debt free...living within one's means, well within, oh so important!