Derby Trail Forums

Go Back   Derby Trail Forums > Main Forum > The Paddock
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #9  
Old 07-25-2006, 01:45 PM
Secretariat
 
Posts: n/a
Default

Quote:
Originally Posted by boldruler
People should want their parents to live a good life anyone instead of scraping by so they can get a bigger inheritance. The issue though facing older americans is health care. Drug costs alone can eat up the interest people collect on the money they put away from the reverse mortgage. People just live too long today, and that is why the reverse mortgage will become the norm in the future.
reverse ortgages will be the norm in the future.

funny , when i was growing up credit was viewed as a vice.
owning your home outright and passing it along to your relatives was considered the way to generate wealth across the generations. now the degenrationxers have somehow convinced themselves that borrowing is a good thing.

no it is not.
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 12:23 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.