And why would it ever be a good idea to borrow if you can pay cash and pay no interest to the bank?
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If it were a given that you could easily better the bank’s interest rate with the return on any investment you might make… then why is the bank lending you the money? I promise that the bank is smarter about money than you are and their best idea is to lend it to you.
Why do you want more dependents? Why are you sharing your money with all of the employees and investors at the bank?
Also, every twenty years or so there is a major recession. Pay off your loan ASAP!
Then sell your house, realize all of the profit and buy something nicer. Repeat.
Don’t fall for the “tax deduction” scam. It’s just the icing on a shitbuger idea.
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