Quote:
Originally Posted by Rathji
SO how much are you losing not having that $100k earning you money? its not free to have money sit and do nothing
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I understand that, obviously it would be invested in something. Even a bond fund would pay you say 3% per year on the conservative side. My beef is calling it 'good debt'. That to me is a slippery slope. Sure it's necessary, but it's not good.
I totally get that borrowing to invest can be a great thing, but that doesn't make that debt good, it's just required to reach a goal.
Back to the origin though, how the heck could a mortgage NOT be debt? THATS what I really don't get.