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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: prometheus1976 who wrote (108881)6/28/2010 7:18:56 PM
From: dave rose  Read Replies (2) | Respond to of 110194
 
<<<<"Pay off your house.You can always re-mortgage it if you have to.">>>>>

My thoughts!!!! My house was all paid up but I just took a $200000 30 year mortgage @ 4.875%. I figure with inflation that I think is obviously coming, I will be paying this back in much cheaper dollars. I have no trouble making the monthly payments. The only problem is what to do with the money. There is also the advantage of the interest deduction.
Most of the money will go into precious metals. How is my thinking wrong?