"DSK" wrote in message
...
So, who is actually the smart one here?


PocoLoco wrote:
NOBBY!

He's the one who will be pocketing the money while the rest of you are
telling
him how foolish he is!

If he can really afford a $5000/m home payment on an interest-only
mortgage, and is *gambling* that his home equity will rise fast enough to
both pay off the home and provide a good financial return, wouldn't he be
better off living cheaper and investing that $5k/m?

Hmm, this is one of those times when one should "do the math." It's clear
that you and Nobby haven't.

But then, he'd have nothing to brag about though. For some reason,
"conservatives" aren't impressed by sensible living & money in the bank.

The conservative live in those big fancy houses, drive big fancy cars, and
own and operate big fancy boats. The liberal/progressives live in trailer
parks, drive ten year old Chevy's, and own rowboats. Oh, when conservatives
retire they usually move to swanky locations to enjoy the rest of their
lives and when liberal/progressives retire they usually buy a new plastic
chair so they can sit out in front of the trailer and watch the world go by.