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Monetizing the Debt

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Old 12-02-2010 | 10:00 AM
  #41  
New Hire
 
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The best thing to do is to save your cash or invest it in something you believe in (i.e. gold, blue chip stocks, etc.)

Don't buy a home if you can help it in today's economy. You don't know where it's going to go next. Check out a mortgage calculator and see whether the cost you pay per month is going to be worth it when compared to renting a similar home. There are always tradeoffs to renting, but as seen recently, there are also downsides to owning.
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