
Ralph St. Jarre
Broker of Record
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News & Views
Money and Real Estate
17-JAN-2006
What's a billion dollars? Well if you spent $10,000 a day every day it would take 274 years to spend a billion dollars.Unfortunately we still can't buy extended life so your kids,grandkids, their kids etc. would have fun and that is just 1 billion.The Americans have a deficit of about 400 billion right now and no matter how big they are, that can't be good! I guess my point is, it's probably a good idea to chip away at the mortgage while the rates are down because we may have a rocky ride someday soon and I really hope I'm wrong.
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