P Fritz wrote:
Why is it liebral types cannot understand the "cost" of money.

Why is it that you never post anything about BOATS?

Why is it that you only post "me too" crap to your far-right-wing wahcko
buddies? Do they need your emotional support? Does being a lap dog make
you feel safe?


.... If you can
borrow at a net cost of 3-1/2%,

Please explain how a 6 1/2% mortgage is a "net cost" of 3 1/2%?


... and you can invest at a average return of
6-7%, you should ALWAYS have a max. mortgage.


So, did you take a cash-out refi to invest in the stock market?

BTW an "average return" of 6 ~ 7% isn't very good for the stock market,
historically; and it still leaves open the possibility that you may need
the cash coming out of a bust year... which leaves you broke in the ditch.

So, who is actually the smart one here? Nobby with his 'million dollar
home' which he can't really afford but hopes the housing market bubble
will pay for, or your 'me-too' BS?

DSK