Jan 30, 2023
12:32:12pm
12:32:12pm
When interest rates were 1-2% this was great, take out a loan use your own cash
To invest. Now with the higher interest rates I’ve been waffling on that idea a little. I just bought a Yukon for a chunk of change that I decided to pay cash in full on because I had no where else to really invest it with a guaranteed rate of return significantly higher than the interest rate of what the loan would
Have been.
Have been.
- Bio page
- kotacoug
- Joined
- Jul 20, 2002
- Last login
- Apr 23, 2024
- Total posts
- 80,447 (4,682 FO)
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Time
1/30/23 11:24am
1/30/23 11:26am
1/30/23 11:27am
Such a drag on your monthly cashflow and on an item that goes down in value with literally every mile you drive.
1/30/23 11:34am
But if he could afford it, he made the smart decision. The $33,000 is worth way more than the $800 a month.
1/30/23 11:39am
1/30/23 11:41am
1/30/23 11:31am
1/30/23 11:34am
1/30/23 11:41am
1/30/23 12:05pm