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Reply to "If you don't have a 15 year mortgage, you're living beyond your means?"
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[quote=Anonymous]If you've ever read the Millionaire Next Door, there's an argument that you should reach for the most expensive home you can find (or at least the least expensive house in the most expensive neighborhood you can afford). Borrow as much of the purchase price as you can to free up as much of your monthly income as possible to invest it in stocks. Spend as little as possible on everything else -- drink Budweiser, drive used cars, etc. You'll getter richer that way. Whether you're happier is another story and probably depends on who you are and what matters to you most. [/quote]
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