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Why this next major cycle will be the last... and greatest
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Posted 9/10/2012 21:56 (#2585067 - in reply to #2584978)
Subject: Re: Why this next major cycle will be the last... and greatest



feelnrite - 9/10/2012 20:26 I understand what you are saying but also think you could go broke with these notions.


"But as you are paying off the principle you are building equity."
 
In the Eighties, you were paying off principle while losing equity. And for many of those loans, interest rates were tied inversely to equity. 

 

"The principle payment is not an expense, its an investment."

If it cannot cash flow, doesn't matter. Not all investments make money all the time. Some never do in one's lifetime.

 

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