View Single Post
Old 07-10-2012, 02:02 PM   #27
Spaceywilly
ZC6A2B82KC7J
 
Spaceywilly's Avatar
 
Join Date: May 2011
Drives: 2002 WRX
Location: Providence, RI
Posts: 1,632
Thanks: 361
Thanked 727 Times in 236 Posts
Mentioned: 7 Post(s)
Tagged: 0 Thread(s)
Quote:
Originally Posted by Rossman View Post
Debt is NEVER good (though largely unavoidable when buying a house) and should never be used if at all possible.

Wow... so tell me, if a bank will loan me money for 2.9%, and I can then take my income and invest it in stocks that return 20%, how is debt not good?
__________________

Straights are for fast cars. Turns are for fast drivers.
Spaceywilly is offline   Reply With Quote