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Old 10-13-2007, 06:40 PM
Ray Zee Ray Zee is offline
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Join Date: Aug 2002
Location: montana usa
Posts: 4,803
Default Re: Is there any disadvantage to buying a house outright?

what you are missing is that lots/ most, gamblers end up blowing off their winnings at some point. so if your house is paid for you still have something and get to have low expenses while trying to pump up again. if you blow it all when liquid you got nothing. this may not pertain to you but it sure does to most.
i think a gambler should carry no debt if he can. then he can play his best while under little pressure.
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