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Do you understand? By paying your note off early, you have to pay to borrow back your own money? I save or invest $1000 a month instead of paying additional principal on note. After 10-30 years, I don't have to pay the bank nada to use back my own money and it's liquid at all times.

That's right, you are more a risk to the bank the less equity you have! They want you to be fully equitized so they can charge you to lend you back your own money.

You got it all wrong. Banks want you to pay your mortgage off! Your interest payments equate to a rental equivalent. When you have more of your own coin invested in the home (paying it down) they know statistically that you will come a knocking to borrow it back.

I think you would be better off funding a whole life policy or building cash reserves for an immediate annuity. Paying off takes the money away from you and then lets you take it back for a fee! Imagine rates skyrocket to 10% and you need to borrow back your money via equity.

You have to pay the bank "interest" to get back the money that you once owned free and clear and could borrow or invest from @ 0%!!! You have 1,000,000 You buy house pay cash. Wait, now you need money for college or other life events. Now you pay interest to borrow your own money! Haha!!!

30-year 4.45 Corporate bonds Aaa 5.25 Baa 6.25 Conventional Mortgages 4.50 Think of it like this…You have $1 Million to invest and...

Calc, if a trader knows how to trade, then using leverage to put on carry trades is actually smart and what hedge funds and banks do everyday. Sell at 9, buy at 6 and on the golf course by 3. Doing the same with a mortgage or credit card is no different. But I have to agree, having your...

It's like telling the banks to carry full reserves on all deposits and limiting their ability to put on carry trades with your money.

I thought we were all traders here and understood the concept of a carry trade and opportunity cost. Carry trades are the base of all things financial.

Cipher, focus on the minimum variance and start hedging from there. best

The failure of this program as well will fuel the fire. Folks have no clue what is ahead. S&P 200 buy of a lifetime.

The article referenced reads $1,500 not $10,500. Government realizing how bad housing will get. I doubt $1,500 will entice folks to move on.

The Horse Farm is up for sale. http://www.vinwhit.com/Grand-Central-Farm-a142341.html

ouch, said the longs.

The banks got greedy, it's that simple. They were underwriting 110% loans on inflated mobile home prices.

http://en.wikipedia.org/wiki/Structure_of_the_Earth http://greenenergyreporter.com/2009/12/geothermal-project-shut-down-because-of-quake-threat/ Nostradamus predicted that a great machine would be created by man that would cause a massive earthquake.

pho, i'll be a buyer under 1065 and hold to 1215.

only suckers are buying

02-25-10 08:15 AM 1065 is the target for any shorts. short at the open above 1099 02-25-10 08:25 AM long under 1086

:) hehe, heres comes 1099. Eko, still confused?