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Old 03-05-2005, 02:46 PM  
rickholio
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Join Date: Jan 2004
Location: Nor'easterland
Posts: 1,914
Quote:
Originally Posted by azguy
Why would you want to do that?
To not get fucked by floating interest rate loans when they crank it up to avoid inflation, perhaps...

Although I agree, if you have enough money to buy a house outright, you'd be better off getting a fixed low rate loan and invest the money you would have spent on the purchase on investments that yeild a higher return.
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