Talk of The Villages Florida - View Single Post - When to pay off home bond
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Old 07-21-2016, 10:00 AM
patfla06 patfla06 is offline
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Quote:
Originally Posted by ColdNoMore2 View Post
Some of the the largest corporations in the world disagree with you.

Very few of them don't have some type of debt.

They simply made the calculation that their debt service is less, than what they will benefit from when using that same money elsewhere.

If you're paying off a bond that is at say 5%, but you can make your money work in other places for you at 7%, then you are losing out....and that really isn't being very fiscally astute.
Where can you get 7%??????
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