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Old 08-30-2011, 03:42 PM   #59
Devil's Rule
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Many good points are being brought up. I think from the comments and from the polls there is somewhat a consensus that mortgages are debt. But what seems to be emerging are all these sidebar what if scenarios which are really interesting to see.

Like I mentioned in an earlier post, I am of the thought that all debt is bad. However I have used debt strategically to advance my overall net worth position and so far it has worked out fine.
I guess it comes down to how does one handle debt? Just because one can drive doesn't mean they are good at it. I know, it's a bad analogy but it's what came as a thought at this moment.
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