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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Sometimes it is best to carry a mortgage...especially if you have a large taxable income...I could very well have paid my Trailer here in LV off, but I have put monies away equal to the mortgage I have, and those monies earn a greater % than the interest rate on the mortgage...
also the same thing is true on 1% or 1.9% auto financing...put the money to work at a greater rate instead of paying it off...
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"Some Observer"
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