Originally Posted By: Stan
Originally Posted By: dal
Never pay interest on anything but a mortgage for a house...


Never say never. There are always exceptions. In 1989 I signed a note to buy 526 acres of land for $316/acre at 3% for 30 years. It is now worth $2500/acre for the non-irrigated acres, and $4000/acre for the irrigated. According to you I was wrong ............ Nah, I don't think so.

SRH


To clarify, or some land...lol
3% was a pretty good rate in 89...I was paying 11% for our first house back then.


Life is too short to have a 'hate on' for so many things or people. Isn't it?