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To: E. Pluribus Unum

If you buy a safe, and put your money it in, Obama stole over 30% so far by printing the value of the money in it away.

Pay off your morgage and all debts, that is money well invested.


13 posted on 04/02/2013 7:24:00 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: American in Israel
Pay off your morgage and all debts, that is money well invested.

Got that done years ago.

14 posted on 04/02/2013 7:24:44 AM PDT by E. Pluribus Unum ("Somebody has to be courageous enough to stand up to the bullies." --Dr. Ben Carson)
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To: American in Israel

Wouldn’t it be better to pay off your mortgage with devalued future dollars?


16 posted on 04/02/2013 7:40:55 AM PDT by CheneyClone
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To: American in Israel

If you truly believe the money has dropped in value by 30%, your advice should be to over-mortgage your house and get into as much low-income debt as possible, because you’d be paying back with money that was worth 30% less.

You use the money you get to buy real assets. You leverage them as well. If inflation hits, you are a winner, because in 5 years you are making twice as much per year, so your loans only cost half as much to repay.

If there is deflation, you are screwed, and should instead pay off everything now, rather than try to pay off later with money that is worth more.


37 posted on 04/02/2013 10:27:27 AM PDT by CharlesWayneCT
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