Talk of The Villages Florida - View Single Post - Pay off Bond or Not?
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Old 03-08-2013, 04:19 PM
Bavarian Bavarian is offline
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Quote:
Originally Posted by KeepingItReal View Post
The interest you earn normally is taxable, the bond interest you pay is not deductible. Bond money I used was sitting in account at less than 1% so it was no big decision. All these points are why what is right for one may not be right for another.
With Quantitative Easiny driving up inflation and causing a good chunk of the DOW increase, we must be preparing for inflation. Interest rates may go up, prices go up and what you have in the way of immovable assets should go up. The Bond may look cheap soon.