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re: Never pay off your house?
Posted on 3/10/09 at 1:40 pm to Colonel Hapablap
Posted on 3/10/09 at 1:40 pm to Colonel Hapablap
quote:
the logic is, your house is not really an asset
There's really no logic in that, though.
Just because an asset is not currently appreciating, does not make it NOT an asset.
3
Posted on 3/10/09 at 1:51 pm to Y.A. Tittle
quote:agreed. Anything with a nonzero value is an asset. My car is an asset, and it sure as hell isn't appreciating.
Just because an asset is not currently appreciating, does not make it NOT an asset.
Posted on 3/10/09 at 2:18 pm to Y.A. Tittle
excuse me, I used the wrong word. Your house is not an INVESTMENT.
Posted on 3/10/09 at 3:10 pm to Y.A. Tittle
quote:
Just because an asset is not currently appreciating, does not make it NOT an asset.
Tell that to Robert Kiyosaki.
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