On May 8, 7:48 pm, Will Trice <wtr...@[EMAIL PROTECTED]
> wrote:
> I agree and I would extend this to a more generalized rate of return
> argument. If I can earn a higher rate that the rate of the loan, the
> loan is not bad regardless of purpose (well, almost regardless). For
> example, I could have paid cash for my last car, but at 0.9% interest I
> thought it made more sense to leave money in the market. That's the
> same reason I didn't put more down on my house.
On my last mortgage, I also only paid just enough to avoid PMI for the
same reason.
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