10.15.2018

In debt

People often ask why I don't pay off my mortgage instead of gambling with my future. I don't see it as gambling. I am very aware that I can loose a lot of money on the stock exchange.

Therefore I keep an eye on it every day. I also follow my commandments. On top of this I always make sure that my dividends are at least 2-3 times larger than the loan interest.

If anything alther I am more than willing to sell of everything and pay off my debt. But for the moment I make a lot of money by reinvest my dividends.

No comments:

Post a Comment

Austrian School of Economics for the win

The Swedish Central Bank (Riksbanken) needs reform - I used to think the "interest rate weapon" was just outdated and clumsy. Then...