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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. |
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