Just wait.....money velocity has not come close to monetary printing and volume. Doesn't matter how much one prints if not infused into the economy but it's getting close. Hope you have precious metals and, or real estate.

God forbid you read the definition and learn something beyond the fact your comment is stereotypical. Oh, and my wife is a minority....Asian no less.

It isn't racism but being steriotypical.  The word "racism" is often misused and overused.  Look up the definition.

Deb, you're right....it's not for everyone. As mentioned, though, one can invest in other things. I make much more in oil & gas. With regards to income property one can always hire a property manager. I simply want people to understand that the article has merit and at 3-4% interest on home loans it is foolish not to e...more

It's called leverage. Give up 3 to 4% tax adjusted interest yet earn 5%+ on investments.

It's called leverage. Give up 3 to 4% tax adjusted interest yet earn 5%+ on investments.  Also, debt is what made America's infrastructure. Without debt you and 99% of the population would not have a home or many other things.

Tom, underwater mortgages weren't born entirely from cash outs. Loans became underwater bc values crashed due in part to sub prime lending. More so if one had cashed out and invested and made a 0% return they would have been better off if their market had lost 1% via depreciation as many lost 10% to even 50%.  If one h...more

Elana, you are right...you don't need an education to make money. I only stated what I did bc banwar did. Glad you're doing well. Many, if not most, of my friends have little to no education.   Tom, generally when one owns multiple property one is dealing with private lending and the loans are balloon loans meaning i...more

Being frugal is very smart regardless of income. However, if one pushes it too far they can alienate clients and, or burn bridges. It's a tough balancing act.