I agree that many do seem to
be in the no debt camp.
Not exact matches
As the state filings show, the only significant activity of the
camp is retiring
debt, which
in large part must wait for the CFB's disbursement.
The U.S. credit downgrade and the European
debt crisis have divided investors into three
camps:
in the first investors
are selling their stocks,
in the second they
're hunting for safe money havens, and
in the third they
're holding their breath, hoping to wait out the storm.
Some
camps maintain that there
is both good
debt and bad
debt while others believe
debt in all forms
is ultimately something to
be avoided.
People
in this
camp believe that you should take on more
debt when you
're young and then invest your savings
in stocks.
Anyway, I
was just wondering your position, because I think it
's interesting when people talk about compound interest, and some of them fall into the
camp of paying those
debts off sooner to make the compounding work
in their favor, and others fall into the same
camp you
're in, and that
is letting inflation and rents take care of it.
If you
're struggling with
debt, which
camp are you
in?