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Iowa | You don't have to be winding down towards retirement to pay stuff off early, you can be expanding. Your living expenses and other fixed costs are already covered by existing enterprises, so just throw ALL the profits of the new enterprise back at it.
Itchy, just keep CYA, we both know a point of interest will attract the guys who don't think anything can go wrong; we'll pay that point as cheap insurance to stay in business. The best insurance is to just PAY IT OFF.
Us dumb old guys have seen, and in at least my case, LIVED what can happen when everything goes south- my goal is to make sure I never live that again. Experience teaches hard lessons | |
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Paying off Long Term Loans? Your Thoughts.
