Free Ebook.

Enter your email address:

Delivered by FeedBurner

« Wedded, Wealthy, and Wise | Main | 15 Steps to Doing Your Taxes Correctly, Part 7 »

February 06, 2006


Feed You can follow this conversation by subscribing to the comment feed for this post.

His net worth is so tied up in Oracle stock, he'd better pray that the stock never tanks ... or he will find himself suddenly having to worry about that debt to net worth ratio.

The purpose of carrying debt is to be able to buy things you can't afford. If you are a billionaire, or even high-thousandaire, there is no reason that you shouldn't be able to by a home with cash, or with a few lump-sum payments. It goes without saying that if you overspend at 30k, you'll overspend at 16 billion, as evidenced by that guy.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.