Re: Debt (Was: How much is a FICO score worth?)

HW \"Skip\" Weldon wrote:
> On Tue, 20 May 2008 13:28:04 -0500, BreadWithSpam@[EMAIL PROTECTED]
 wrote:

>>You seem to refuse to differentiate between good debt and
>>bad debt and imply that *all* debt is bad.  It's not.

> For background, I've been in the personal finance area for almost 4
> decades and have never met a successful person who would agree with
> you.  (By successful person, I mean someone with a minimum net worth
> of $2 million today excluding residential real estate, inherited money
> and married money.)

Are you honestly saying that you've never met a $2M+ net worth (with 
your caveats) that believes some kinds of debt are just fine?  Have you 
actually met any of these people?  If so, did you ask them their 
thoughts on this?

I would love to take a survey of aquaintances on this, but it might be a 
little awkward when determining which fall into your net worth category...

-Will

william dot trice at ngc dot com

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