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#1
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posted to rec.boats
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On Dec 12, 9:27*pm, John wrote:
On Fri, 12 Dec 2008 20:58:20 -0500, Wayne.B wrote: On Fri, 12 Dec 2008 19:36:07 -0500, John wrote: I'm hoping some of you who are knowledgeable about these matters can give me some advice. I'm considering a reverse mortgage on my house, and investing the money in this: http://tinyurl.com/66lgm8 Any advice would be appreciated. A reverse mortgage gives you monthly income. * Sell the house outright and invest all the cash. * If prices continue to tank you can buy it back cheaper later on. * Better yet, sell a house you don't own, like the naked short sellers on Wall Street. * *:-) If I sell a house I don't own, do I have to sell the barn too? -- John Yes, and the invisible 3/4 mile driveway. |
#2
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posted to rec.boats
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John wrote:
On Fri, 12 Dec 2008 20:58:20 -0500, Wayne.B wrote: On Fri, 12 Dec 2008 19:36:07 -0500, John wrote: I'm hoping some of you who are knowledgeable about these matters can give me some advice. I'm considering a reverse mortgage on my house, and investing the money in this: http://tinyurl.com/66lgm8 Any advice would be appreciated. A reverse mortgage gives you monthly income. Sell the house outright and invest all the cash. If prices continue to tank you can buy it back cheaper later on. Better yet, sell a house you don't own, like the naked short sellers on Wall Street. :-) If I sell a house I don't own, do I have to sell the barn too? Ask WAFA. He owns neither. |
#3
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posted to rec.boats
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![]() "John" wrote in message ... I'm hoping some of you who are knowledgeable about these matters can give me some advice. I'm considering a reverse mortgage on my house, and investing the money in this: http://tinyurl.com/66lgm8 Any advice would be appreciated. -- John I would rather pay $999 for a real fat ounce that does not rub off and tarnish. But we do need a gold backed currency. One the governments can't putz with. |
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