From: "Elizabeth Richardson" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Pay Off Mortgage or Invest?
Date: 7 Jul 2003 20:50:05 GMT
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	      REFERENCES
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"Tad Borek"  wrote in message
news:3F09CA3A.5030707@pacbell.net...
>
> Also, putting money into a home in effect traps it until you sell or
> borrow again. Because it's such a big balance-sheet item for most
> people, there's an argument for putting cash elsewhere, simply for
> diversification & access. And looking at the end-game, dying with a
> fully-owned home means "underconsuming" during your lifetime.

Hmm. And how much extra cash flow would you have if you weren't paying a
mortgage? And how much life insurance does that fully owned home represent
to your heirs?

Elizabeth Richardson