Quote:
Originally Posted by thelegges
OPM (other people’s money) our percentage in investment makes us double and more than any interest rate today.
If you have interest at 2% and investment brings in 9%, is not hard to figure. However some freak out over any loan, worried about what’s can go wrong. So you will find cash poor, but paid debt.
You really need an investment guy to guide you. None of can gage your comfort zone.
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I agree totally , when mortgage rates tanked I took a large mortgage rather than paying cash and added the money that was to pay off a housing purchase to the investment plan, investment counselor/ tax planer smiled and nodded, but I am comfortable with that, if a person isn't go another way, your comfort level is very important