Talk of The Villages Florida - View Single Post - When to pay off home bond
View Single Post
 
Old 07-22-2016, 12:42 PM
VApeople VApeople is online now
Soaring Eagle member
Join Date: Aug 2015
Posts: 2,279
Thanks: 202
Thanked 1,841 Times in 695 Posts
Default

Quote:
Originally Posted by biker1 View Post
In my case, it is about $1600/year (non tax deductible) with an effective interest rate of about 5.5%. I paid it off. I look upon it as part of my diversified portfolio.
How is a debt part of any portfolio?

If a debt is part of a portfolio, then I guess we can all go borrow a bunch of money and claim we are rich.