wE ARE NOW AT 4% - What about taking a 30 year so you have flexibility in case of a job loss medical condition or a major  item needs fixing , roof, boiler, etc, & taking equity out to hold in cash at a 3.5% rate I figure at some point maybe even a few years interest rates will spike & you will get over 7% in a plain o...more

mortgage rate = 3.875. after tax deduction roughly 3% as long as I beat that over the long term you are ahead.   Right now plain old savings pays less who is to say in five years it will not - 5 years ago CD'S PAID OVER 5%. no one knows the future I want the free cash for all opportunities including NYS Teachers reti...more

You are not listening to what he is saying.   If that dollar is invested in a well performing asset - say a NYC 403B earning 7% then I would rather pay the 3.5% mortgage & get the tax deduction to boot!!!   You are not out 70 cents if insted you earned 80 or even 90 cents.   It all depends on what you do with th...more

How about LVS FROM $1.5 in March 2009 ALL THE WAY UP TO $57.08 today!   Or Wynn from $16 in March 2009 to $128 now.   For now I'll hold my cards.

The problem is the author does not give the flip side-    what if you were out of the market the worst day, or 10 worst days then your return would be that much greater or losses that much less -   If you are disciplined then you could get in and out - never the perfect top and never the actual bottom but you c...more