To: catfish1957
Might as well payoff your mortgage if you haven’t.
To: Average Al
Haven’t had one of those for 20 years. I am an obsessive investor.
19 posted on
03/11/2013 4:38:38 PM PDT by
catfish1957
(My dream for hope and change is to see the punk POTUS in prison for treason)
To: Average Al
Might as well payoff your mortgage if you haven’t.
If you expect deflation then certainly. If you expect inflation then it makes sense to keep the debt and pay back cheaper dollars.
31 posted on
03/11/2013 5:05:31 PM PDT by
posterchild
(Remember that thou art dust and to dust thou shalt return.)
To: Average Al
“Might as well payoff your mortgage if you haven’t.”
Might as well buy metals. With the hyperinflation coming you’ll be able to pay off that mortgage with a few coins.
36 posted on
03/11/2013 5:13:56 PM PDT by
CodeToad
(Liberals are bloodsucking ticks. We need to light the matchstick to burn them off.)
To: Average Al
Hi Al, I hope you are OK.
I’ve read that as hyperinflation approaches, one should not pay off the mortgage. The theory is that the Lender is contractually obligated to take what is owed. If the value of your dollars is inflated, you will pay off for a lower cost with cheap dollars.
Gwjack
41 posted on
03/11/2013 5:28:09 PM PDT by
gwjack
(May God give America His richest blessings.)
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