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Money and Finances
Reply to "Cash for house or finance?"
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[quote=Anonymous][quote=Anonymous]Young - finance Older - pay cash[/quote] That's hilariously horribly advise! The last thing you want is to be cash poor if you're "older". I think no matter what your age is, to tie up your cash in a home rather than borrow CHEAP money is financially stupid. No better feeling than having liquid cash sitting in a money market for example. It gives you security and comfort. Not to mention, you can invest that money elsewhere and make 6-8% while paying the bank 4% AND you have a write-off.[/quote]
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