Talk of The Villages Florida - View Single Post - Mortgage or Cash
Thread: Mortgage or Cash
View Single Post
 
Old 12-29-2013, 02:54 PM
billethkid's Avatar
billethkid billethkid is offline
Sage
Join Date: Jul 2007
Posts: 18,536
Thanks: 0
Thanked 4,871 Times in 1,420 Posts
Default
Quote:
Originally Posted by TV Tom View Post
I know a lot of you will disagree, but I favor a mortgage under the current situation where borrowing money is cheap. If you are making more on your investments than the cost of money, which you should e i today's market, you lose by paying cash.

100% agree with you and why we elected to keep a mortgage. Much further ahead financially at the end of any period one can measure. Three point two (3.2) percent mortgage rate and returns on investment 9% and above dependent on risk.....what was he question?