As long as we have cash, we can go condo any time… anyway, good post.
P.S. – Sorry, forgot to tell you great post!

Personal risk – This is like buy term insurance instead of life and then invest the difference. Some people spend the difference such that it is better for him to buy life insurance to have the forced savings.

Financial intelligence – The danger of not paying off for housing is that one may ends up investing in structured products and Sunshine Empire.

As a result, it is very hard to say whether one should pay off completely or not, at least for the case of primary residence.

But for the case of second house for investment, one must use leverage as in mortgages, even Li Ka Shing do not put in $1 millions in cash for a property for rental purposes even if he got the cash.

Anyway, download famous author of Rich Dad Poor Dad latest book for free at his own website, conspiracyoftherich.com, by 07 July 2007.

Free reading of book ends on 07 July 2009, after which it will be published as hardcopy and selling for more than $20.

It is very informative and readable, like Rich Dad Poor Dad.

As long as we have cash, we can go condo any time… anyway, good post.