03 Sep 2009 @ 7:01 PM
Interest — Rate vs Cost using 6% Mortgage and 10% HELOC.
1. WHEN CAN YOU BORROW MONEY BUT NOT BE IN MORE DEBT? I am a strong advocate of getting out of debt as soon as possible and staying out as long as possible. The diagram below shows how by borrowing $5,000 from a home equity, personal or business line of credit to use as a principal-only payment to help pay off the balance owing on a mortgage, you aren’t really getting deeper into debt. You are really just repositioning the debt differently. Don’t you still owe the same $200,000 amount but in a different configuration? Why do this? Keep reading.…..
02 Apr 2009 @ 12:47 AM
Who’s Who of Who gives excellent financial advice
****************************************************************************************************************************** ****************************************************************************************************************************** 12. G. Edward Griffin Here is an article written a few years ago by G. Edward Griffin, author of The Creature from Jekyll Island, A Second Look at the Federal Reserve.
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Tags: A Second Look at the Federal Reserve, Andrew Waite, Brian Topor, Broker Banker Magazine, Darren Hardy, Diggin4u, Entrepreneur of the Year, Executive Publisher, G. EDWARD GRIFFIN, Glenn Beck, HELOC, MARK VICTOR HANSEN, Pastor Bobby Collins, Personal Real Estate Investor, SUCCESS Magazine, T. Harv Ecker, The Creature from Jekyll Island, True Wealth, Who's Who
Categories: Whos Who of Who
Categories: Whos Who of Who
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