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"John H" wrote in message ... On Thu, 24 Mar 2005 18:34:51 GMT, "Calif Bill" wrote: Hmm, so, let's see, if I am debt free, ALL of my surplus money can be earning for me. If you are still in debt up to your ass, you don't have near the surplus money, because you are paying someone else to use their money. Hell, it's simple, even for you. Also, I see that you still don't have the mental capacity to debate a subject without childish name calling. Pretty pathetic. If I can borrow $10,000,000 at 4% and can invest that money at 6%, I am not debt free, but I can earn 2% on that $10,000,000. Which is a nice $200k income before taxes. If I can deduct the interest on the $10,000,000 from my income, as it is a loan for investment purposes, then my net income is even better. Debt free is not the best way. if you were debt free in this scenario, then you would have $200k less income. Here's the problem. You are assuming that making money is advantageous. With basskisser, you shouldn't be making assumptions. LMAO -- John H "All decisions are the result of binary thinking." |
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