Re: minimum income
In response to diskman saying retirement and mortgage don't mix, that entirely depends on your financial situation. We are fortunate enough to have money with an investment firm, that, this year, will make about 14 percent, and has been that or more for the last ten years. It makes no financial sense for me to pay cash for house with a part of that, when we can use someone else's money, at 6 percent, and leave the 250,000 or so in my accounts, to return 14 or up, clearing at least 8 percent. i'd rather leave my money with the amazing people of Fisher investments, than subject it to the ups and downs of hoping to build more equity in housing market.
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No previous place matters anymore  TV's Spanish Springs Villas 6.30.08
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