Quote:
Originally Posted by ADL Colin
Walk into my office and open the safe
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Nice, but you're earning no interest.
Quote:
Originally Posted by ztik
I would take it out of my bank account?
A mortgage is a liability not an investment. What happens if your house value drops down to nothing and you end up owing more than your house is worth?
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I did say I have three ways of raising that amount did I not? One being withdrawing from savings which is at my bank. Actually four, I forgot about the low interest line of credit. But it was meant as an example only, because it seems that a lot of guys (even a few long-termers) can't come up with even a grand, or in some cases even a few hundred bucks when they need it.
We as independant webmasters have no benefits package, no company-matched retirement fund, nothing. We have to provide that for ourselves, and I just wonder how many are actually thinking in the long term.