Talk of The Villages Florida - View Single Post - If you pulled 250k out of the stock market....where would you put it?
View Single Post
 
Old 12-24-2013, 01:29 PM
rubicon rubicon is offline
Email Reported As Spam
Join Date: Nov 2010
Posts: 13,694
Thanks: 0
Thanked 14 Times in 12 Posts
Default

Quote:
Originally Posted by Happy Snowbird View Post
Why would anyone give up double digit returns by paying cash or paying off their house rather than taking a single digit mortage? I don't like payments but my theory is "always use somebody elses money and watch mine grow". I never owe more than I can pay off.
the proper application of leverage is what makes rich people even richer. it is Warren Buffets so not secret to wealth creation