Quote:
Originally Posted by cabmando
A wealthy guy told me once "You don't increase net worth by paying interest. Pay off all debt and make your money work for you."
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Don't think I can agree. For the debt tabs is talking about (stupid debt) then yes, that's true. Otherwise it's like telling Ruth Chris "you don't increase net worth by buying steaks" except they turn around and sell that steak to some guy for 3x the price.
If someone wants to loan you money at 3% and you can make 4% with acceptable risk, why not???