lobonode on Nostr: I' m doing calculations to see if we should pay off our home sooner to buy the next ...

I'
m doing calculations to see if we should pay off our home sooner to buy the next cash or put it up to rent and the reality is the rental income is being eaten away in interest, so there is no point in risking it.

quoting nevent1q…n6j3

I think our parents grew up idolizing debt. In today's economy, I think the symbol of wealth is no debt and the people who say I use debt to become rich are psycopaths that want to appear wealthy when in reality all their wealth is being diluted in interest and risk.