RE: i'm joking. my only point there is that the growth would
Posted on: July 26, 2017 at 11:01:26 CT
meatiger MU
Posts:
131304
Member For:
26.19 yrs
Level:
User
M.O.B. Votes:
0
I would want a min of 30% equity as I think that protects you from going under in a crash, and at least at that point you have flexibility to do what you want.
Yes..in the long term growth probably outweighs the mortgage costs, especially when you can further deduct the interest. I guess when you see devastation that can happen, having a solid base helps. Plus that solid base gives you access to capital to invest when the market crashes to get a better return.