Thread
:
It's tough being filthy rich...
View Single Post
#
10
posted to rec.boats
[email protected]
external usenet poster
First recorded activity by BoatBanter: Jun 2013
Posts: 2,650
It's tough being filthy rich...
On Tue, 21 Nov 2017 11:17:22 -0500,
wrote:
Normal people should not be going into retirement with debt unless
they have the liquid assets to pay that debt off ... and that is rare.
Personally I like the idea that I can cut back on the luxuries I pay
cash for and live very cheap if I need to because I don't owe anyone
any money.
===
Everyone's situation is different. I have no problem carrying debt
forever as long as I can earn a higher return somewhere else.
Additionally, the government subsidizes home mortgages via the tax
deduction on interest paid.
---
This email has been checked for viruses by AVG.
http://www.avg.com
Reply With Quote
[email protected]
View Public Profile
Find all posts by
[email protected]