To: Rightly Biased
If you owe something you are a slave until the debt is paid be that credit or anything else. If you can borrow money at 5% and earn 10% on it on Wall Street, you aren't a slave. You're just smart.
52 posted on
08/11/2007 7:42:01 AM PDT by
freespirited
(Thank you for not lying about Republicans.)
To: freespirited
Until the market goes down, there are no sure winners or losers.
54 posted on
08/11/2007 7:43:00 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: freespirited
Your income is your greatest wealth-building tool, not debt.
59 posted on
08/11/2007 7:48:16 AM PDT by
Rightly Biased
(Courage is not the lack of fear it is acting in spite of it<><)
To: freespirited
Debt is not a tool; it is a method to make banks wealthy, not you. The borrower is truly servant to the lender. Your largest wealth-building asset is your income. When you tie up your income, you lose. When you invest your income, you become wealthy and can do anything you want.
61 posted on
08/11/2007 7:49:41 AM PDT by
Rightly Biased
(Courage is not the lack of fear it is acting in spite of it<><)
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