To: BenLurkin
Another way to measure one’s risk tolerance in this scenario is to ask, “if your home were paid off, would you take out a mortgage to invest that money in stocks?”
Personally, I prefer the security of being debt free and I am working hard to get that security. I will eventually have my income working for me, but in the meantime I prefer not to have my debt working for me....
4 posted on
06/27/2007 6:35:41 AM PDT by
CSM
("The rioting arsonists are the same folks who scream about global warming." LibFreeOrDie 5/7/07)
To: CSM
“if your home were paid off, would you take out a mortgage to invest that money in stocks?”Exactly!
9 posted on
06/27/2007 6:40:55 AM PDT by
BenLurkin
To: CSM
Personally, I prefer the security of being debt free
If you owe money on your house, it's not really yours. I'm in agreement with you.
14 posted on
06/27/2007 6:56:32 AM PDT by
JamesP81
(Romans 10:9)
To: CSM
Personally, I prefer the security of being debt free and I am working hard to get that security. So do I. There is way too much "good debt" propaganda being circulated by those who stand to profit from it.
19 posted on
06/27/2007 7:10:32 AM PDT by
Mr. Jeeves
("Wise men don't need to debate; men who need to debate are not wise." -- Tao Te Ching)
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