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Old 12-10-2010, 08:51 AM   #15
mesmith31 mesmith31 is offline
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Join Date: Oct 2007
Location: West Des Moines, Iowa
Casino cash: $10005205
There is good debt and bad debt. If you are going to take on new debt...find a way to get someone else to pay the debt. Debts to acquire assets (things that appreciate and value and/or cash flow) = good debt, when other people pay the debt service. Try saving up to buy a 30 unit apartment complex for cash.
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