Re: NDC-Dow ends the year in negative territory.
- From: "Rogues Island's finest" <mthitch@xxxxxxx>
- Date: 31 Dec 2005 09:01:01 -0800
bradish wrote:
> Lets rehash the mortgage vs cash options when buying a house.
>
> Someone here said paying cash for a home was a bad idea because they could
> invest the cash freed up by a mortgage and make a better rate of return that
> the cost of the mortgage.
>
> Well, it looks like 2005 was a bad year to start that plan!
>
> The Dow fell 67.32, or 0.62 percent, to 10,717.50. The Dow needed to remain
> above 10,783.01 for a positive 2005.
>
> OOPS!
Oops my ass, my mutual funds portfolio returned over 9% overall.
Besides, who the *** has $650k laying around to buy a house??
Happy New Year ya'll!
Mark
.
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- NDC-Dow ends the year in negative territory.
- From: bradish
- NDC-Dow ends the year in negative territory.
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