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Politics : MITT ROMNEY -- Ignore unavailable to you. Want to Upgrade?

To: Neeka who wrote (539)2/1/2008 12:46:52 PM
From: Augustus Gloop  Respond to of 5586
 
It will be interesting to see how things unfold



To: Neeka who wrote (539)2/1/2008 12:56:44 PM
From: Ken Adams  Read Replies (2) | Respond to of 5586
 
I got myself totally debt free about 5 years ago and am thrilled about it as I look forward. My futures trading will bring in the bucks no matter how socialist our government gets. Of course, when they see me making a buck, they'll send a tax goon to the house, I'm sure.



To: Neeka who wrote (539)2/1/2008 1:06:44 PM
From: Peter Dierks  Read Replies (2) | Respond to of 5586
 
"pay down as much of your debt as possible."

The idea is to hold as much debt as possible at low interest rates when they go up. Whatever you do don't loan anyone anything when the risk of future higher rates rears its head.

If you hold debt at 2% and invest it at 3% on secured assets you come out ahead. The true measure is how many investments like that can you afford?

Don't get me wrong, I am not likely to borrow deeply at any rate.


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