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Nov 19, 2021
10:39:54am
EternalOptimism Safemoon Conisuerrier
Well, to be fair eventually you might have a nest egg. Then the "payments" just go from one account to the other account
This means there isn't any risk of loans just convivence and investing. Throw in taxes and it gets even more interesting.


My dad is retired. I never let him buy anything except with credit. Otherwise he takes money out of his 401k and that is taxed heavily. Buying a 40,000 Ford truck on credit costs almost no taxes at all and cost only a few percent per year. Its not even close to the tax savings from not buying it right out. And meanwhile the $40,000 is still making money in his account.
EternalOptimism
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EternalOptimism
Joined
Apr 15, 2018
Last login
Jun 9, 2023
Total posts
5,765 (30 FO)
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11/19/21 10:23am

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