Re: NDC-Dow ends the year in negative territory.
- From: "Everybody's Gonna Be Happy" <Davko58@xxxxxxxxxxxxxxxxxx>
- Date: Sat, 31 Dec 2005 09:47:30 -0800
"bradish" <bradish@xxxxxxxxx> wrote in message
news:g9qdnazdGJZrNiveRVn-hg@xxxxxxxxxxxxxx
> 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!
Not only did I buy a house with cash this year, my IRA went up almost 10%.
Good year.
EGBH
.
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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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