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To: Math Junkie who wrote (41304)12/17/2008 10:12:33 AM
From: LLCF1 Recommendation  Respond to of 42834
 
I've been in the same stuff with different weights since I retired after the tech wreck (see profile). Got out of Oil and Gas too soon, but what can you do? Knew the depression was coming, can't try and time these things.

No brainer today would be to take as BIG a 30 year mortgage as you can on your house and leave it in cash. You'll make a killing when the value of the loan evaporates and you're making 10% a month on the cash you pulled out.

DAK