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To: Voltaire who wrote (8231)3/20/2000 11:39:00 AM
From: pinhi  Read Replies (2) | Respond to of 35685
 
Good Morning V,

Just wanted to get your opinion on paying off a home vs keeping that money available in the CC writing pool. From a strictly left brain calculation, if you can borrow at 8% per year on a mortgage and then write calls at 8-10% per month or more, you want to do that all day every day. I paid off my home mortgage 5 years ago (with hindsight-foolishly) and when I buy my mountain home will have access to that money again available for investment and then take out a mortgage on the new home. For many, this is an emotional issue. Any comments, opinions from anyone please?

Pinhi



To: Voltaire who wrote (8231)3/20/2000 1:25:00 PM
From: elpolvo  Read Replies (2) | Respond to of 35685
 
thanks voltmeter for watching-

i haven't jumped yet. building up courage as i sit here and watch that qcom that i'm going to sell go downhill. YIKES!! (pretend that yikes is the dirtiest word you ever heard in your life).

-polvie



To: Voltaire who wrote (8231)3/20/2000 1:28:00 PM
From: vc21  Read Replies (1) | Respond to of 35685
 
Volt,

It seems to me that when doing the CC strategy, one should not work with brokerages that post the premiums received as margin debits. Is this correct?

Thanks,

VC