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re: Never pay off your house?

Posted on 3/10/09 at 11:33 am to
Posted by Parliament
Member since Dec 2007
5787 posts
Posted on 3/10/09 at 11:33 am to
I'm looking at the same thing. However, I believe that at some point this year we will get that "once in a decade" equity investment opportunity. I think I'm on record saying that will happen around Memorial Day.
Posted by Cold Cous Cous
Bucktown, La.
Member since Oct 2003
15051 posts
Posted on 3/10/09 at 11:38 am to
quote:

that "once in a decade" equity investment opportunity.

I don't think there is such a thing. People assume the market looks like a V - hits a bottom, then rockets back up, and you have only a short time to buy in at the bottom. But it doesn't have to - it can be a U, or even a \___________/. In which case you have a long time to "buy in at the bottom."
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