T&T: (no subject)

[Skip Wangbickler]

Phil

A question.  If you can pay cash -- would you still finance it and take
advantage of the tax deduction for a "second home"?  Seems like it is cheap
money and you can use that money to work in some kind of deposit in today's
market.  

We just bought a boat and took as big a loan as we could at 6.9% -- we
presently get 9-11 % on investments - so I figure that we are way ahead
using OPM (other people's money).

Just my .02

Skip Wangbickler

Skype: skip.wangbickler
swangbickler at comcast.net


-----Original Message-----
From: trawlers-and-trawlering-bounces at lists.samurai.com
[mailto:trawlers-and-trawlering-bounces at lists.samurai.com] On Behalf Of Phil
de l'Etoile
Sent: Friday, October 26, 2007 8:12 PM
To: TK Allen; trawlers-and-trawlering at lists.samurai.com
Subject: T&T: (no subject)

TK,

I understand the value of predictions, but as I think so many have been
trying to say :it all depends!"  And it depends on so many things.

Here's my rule: don't buy a boat unless you can pay cash for it.

Phil
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