Interesting points. Different mindset but I do see your points. But I'm not sure risk should be equated with ignorance. I find the the opposite is much more true. I also agree that its likely better than rent.
The Mortgage Question
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George the original one
- Posts: 5406
- Joined: Wed Jul 28, 2010 3:28 am
- Location: Wettest corner of Orygun
@ToFI - Mortgage is the cheapest way to borrow if you don't have the capital to borrow from a margin account 
On the other hand, mortgage borrowing is usually at a fixed rate for a term whereas the margin account is going to be variable. And a mortgage (in the USA) lets you leverage 5x rather than 2x.
On the other hand, mortgage borrowing is usually at a fixed rate for a term whereas the margin account is going to be variable. And a mortgage (in the USA) lets you leverage 5x rather than 2x.