Thank you Gyspy. That is surely food for thought. I have a nice duplex that I rent out and would like two or three more to give me a steady retirement income. That would really work. I have 710000 of ENZC @.03 that I can play with. Could sell part and let the rest ride for the long run. That being said, We know that Charles and Harry are not spring chickens. I cannot see them passing up a buyout deal in these early stages provided they can also receive due credit for their discoveries and accomplishments.
I feel the same way gypsy. My wife has been bugging me to pay the house off with some of the profits. I try to explain to her that it makes no financial sense to pay off a 3% mortgage with money that is earning me 1000'S of %. Leave the money in this diamond mine!
There is a lot of "peace of mind" in owning a home outright.
And if someone has enough shares.. owning your home AND owning shares of stocks like ENZC can be the best of both worlds.
"I used to buy cars & houses outright" Your statement indicates to me that you are pretty well off already:)
For those who have never experienced the joy of not having a house payment I would highly recommend it:)
Where I agree with you (and of course these are all simply "unprofessional" opinions).. when you're talking about second, third homes (investment properties etc.).. tying up all one's money.. and not using low interest rates to one's advantage is a mistake..
because as you mention markets in general will give a higher rate of return and its not hard to "beat" the current rate one would be paying on a 15 or 30 year mortgage.
That's the tricky thing about giving advice:).. everyone has their own personal circumstances they need to consider.