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Old 09-18-2011, 09:59 PM
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Palangi Palangi is offline
L' Résistance
 
Join Date: Dec 2000
Location: Republique de Banana
Posts: 3,496
Quote:
Originally Posted by spdrun View Post
Given the choice between a fully-owned property and an encumbered property, but with money either in the bank or in investments, I'd choose the latter.

Debt is good if you can afford to be conservative with it.
There is some truth to that during "normal" economic times, but I am sure happy to not owe on a mortgage nowadays.
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Palangi

2004 C240 Wagon 203.261 Baby Benz
2008 ML320 CDI Highway Cruiser
2006 Toyota Prius, Saving the Planet @ 48 mpg
2000 F-150, Destroying the Planet @ 20 mpg



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