John- one problem is if even you own property outright you haven't eliminated your debt. The tax man will still demand payment. As will the insurance man if the use of said property brings mandatory liability insurance coverage. That's not to say you wouldn't be better off owning property outright. Doug, N0LKK Kansas USA inc. When all else fails- Amateur Radio http://www.arrl.org/FandES/field/pscm/sec1-ch1.html ARES
John Mullan wrote: <snipped> > > Economic crash and the re-issue of currency has happened before and has > to happen again. To survive, eliminate your debt and try desperately to > own all your property out-right. > > Just my two-cents worth. > > Cheers, > John _______________________________________________ Biofuel mailing list Biofuel@sustainablelists.org http://sustainablelists.org/mailman/listinfo/biofuel_sustainablelists.org Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Search the combined Biofuel and Biofuels-biz list archives (50,000 messages): http://www.mail-archive.com/biofuel@sustainablelists.org/