Re: Re: 24 pt hit! Increase leverage in a poor economy when asset prices are low and income generated is poor. Decrease leverage in a good economy, when asset prices are high and cash flow is good. Undertand that the "economy" for any particular asset may be local, and not tied to the national or world economy--in fact, it could be just the opposite!
Re: Re: 24 pt hit! Im chiming in, this is an excellent post.. to the guy above , who owes nobody a cent, im assuming that you have a windmill, an oil refinery, a pond , and several megaphones, to communicate. because utilities cost money too. and they are technically creditors. ;-)
Re: Re: 24 pt hit! Blackcarded, I just got to know. Other than the obvious Concierge privileges and the prestige of paying for a business lunch with the Amex Black Card do you get enough benefits to cover the $1000 Annual fee?
Re: Re: Re: 24 pt hit! LOL Last year I flew about 30 times, fiance flew with me free, both of us in first class... When I proposed to my fiance it was, off of the clock at one of the most prestigious jewelers in the world, and fiance picked out her engagement ring... yeah ... the annual is worth ever last penny. http://profiles.yahoo.com/blkcarded
Re: Re: Re: 24 pt hit! yes they are.... also they are technically creditors whose services can be ended at any time with no further obligation, thus no debt or indebtedness.... much like purchasing your groceries from one particular store(ABSOLUTELY FOOD IS A MUST, FOR WITHOUT IT WE WOULD DIE)... a rep insults you and you change to the competitor across the street, CAN YOU DO THIS EVEN THOUGH YOU NEED TO EAT... OF COURSE YOU CAN. Debt is a term that alleges some obligation. The fact that no one company is necessary these days lends suggestion to the absolute fact that any company is replacable... Unless you owe them something, you owe them nothing. ******(DISCLAIMER)********* This would not apply if you have a revolving balance with them. It certainly would not apply in cases where you pay only the minimum due, with the company in question. http://profiles.yahoo.com/blkcarded
