Friday, February 20, 2015

Financing

Ordinarily, borrowing money if you can pay cash is not a good idea.  But the Jaguar car loan is only 2.30% APR.  Some of the stocks in my portfolio have dividend yields above 6%.  Why pay cash?

UPDATE: Not everyone gets that sort of interest rate.  But there are consequences for never going bankrupt,always making payments on time, never being foreclosed upon, and one is that you can borrow an absurd amount of money at an absurd interest rate just on the promise you will make the payments,  Democrats won't understand.

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