Replies

To: metmom

You wouldn’t believe the number of people on FR who criticize people like us for doing that.

Why?

164 posted on 07/14/2009 7:55:07 PM PDT by wmfights (If you want change support SenateConservatives.com)

To: wmfights

Well, near as I can tell, the thought is that if you take out a mortgage, you then have money you can invest.

So if you invest the money at 8% and are only paying 6% on your mortgage, you can make all kinds of money on the side.

Or something like that.

Not having a history of being really financially savvy in that regards, we figured we’d be better off not owing anybody any money.

166 posted on 07/14/2009 8:13:51 PM PDT by metmom (Welfare was never meant to be a career choice.)

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