Quote:
Originally Posted by zoomzoomers
if you pay more up front, you have less, or no, money to take advantages of potential opportunities to invest the money elsewhere. So basically, it's a potential loss of opportunity we're talking about.
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One rephrase of this basically says acquiring debt, rather than paying on the car, gives you the option of increasing your risk through speculation. In a prospectus they would tack on some version of - Past performance does not guarantee future results. Anyway, my main point is that the original question generally depends on your own risk aversion, and personally I think you have to know your own comfort levels, so whatever someone else might do is somewhat irrelevant.
Quote:
Originally Posted by zoomzoomers
Not guaranteed, but have you seen what the market has been doing lately? I've easily earned in the double digits lately and I'm not even really trying to.
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Of course this means he's comfortable with also potentially losing in the double digits too.