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Old 06-20-08, 09:04 AM   #44 (permalink)
gunner
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Re: Should a basic personal finance class be mandtory in High School?

Quote:
Originally Posted by Scucca View Post
Would you consider equity withdrawal if needed? Owning one's house does offer security (unless of course the government forces you to sell it in order to pay for nursing home costs)
If by that you mean remortgage yes, as long as the amount i borrowed could be payed back prior to my retirement age [whatever that will be]. If by that you mean these schemes where company's give you "x" amount and thus allowing me to spend the rest of my days in the property, No.

Paul.
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