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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 (108887)	6/29/2010 3:00:44 PM
From: RetiredNow	2 Recommendations Read Replies (4) \| Respond to of 110194

P, Our debate has been timely. My wife and I pulled the trigger and paid off our house today after thinking about it for the last 6 months. The clincher was when I called my broker to explore the Canadian ETF (XBB.TO) I was considering purchasing with our house money. They wanted to charge me a 1% commission for the currency exchange, since it would be held in Canadian dollars. I didn't like that, so I used the money to pay off our house instead. Now, we're still 100% in cash with our retirement money and have a house that's paid off. I still don't know what to do with the cash. It's not earning me anything, which means we're standing still. That sucks.