If you own your own home free and clear, people will often refer to you as a fool. All that money sitting there, doing nothing.
More Quotes from Anthony Hsieh:
The lending industry is doing what it can to get a piece of the shrinking pie. You're going to see more aggressive offers in the coming year.Anthony Hsieh
Equity might have been the only thing preventing foreclosure a decade ago, said Hsieh, but these days most borrowers understand the importance of maintaining their credit score. Studies show that if you're a credit worthy borrower, you will do everything in your power to keep your credit high, ... That in itself is skin in the game.
Anthony Hsieh
Over the last five years, credit scores have been refined to the point where they are now one of the most important factors for lenders.
Anthony Hsieh
The attractiveness of this product is flexibility, but that flexibility sometimes can get people in trouble.
Anthony Hsieh
Clearly these loans aren't for everyone. Unless you've been disciplined about saving the difference you're setting yourself up for sticker shock at the end of five years.
Anthony Hsieh
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Based on Topics: Fool Quotes, People QuotesAll our discontents about what we want appeared to spring from the want of thankfulness for what we have.
Daniel Defoe
It is part of a poor spirit to undervalue himself and blush.
George Herbert
If you know you're going to be outside, you have to be a little bit more in tune, so that you don't get distracted by what's going on and focus better.
George Dzundza