MONEY: Evening with Ric

http://www.ricedelman.com/

Went to one of Ric’s sessions. (Disclosure, I’m a customer.)

He did have many interesting points.

The one I thought was most interesting was his assault on the “dizzy blonde” and Dave Ramsey. Ric favors having a big mortgage.

For me the jury is still out on that.

He is dead set against anything but a low rate fixed 30 year mortgage regardless of your age. His point was that you can have a pile of cash to make investments AND the house. I remember when I got a 5% VA mortgage and was happy as a pig through the Carter inflation. I’m warming to his advice.

Especially when 30 year fixed are going for under 5%.

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