Quote:
Originally Posted by redline2001
You try so hard to come off as financially smart but you sound like a idiot. If your loan is only 1% and you can make 4% investing that $25000 then it is a no brainer to take the loan. You would have gained an extra 3% over the time of the loan.$25000 in principal appreciatcates a whole lot more that socking away $500 a month over 3-4yrs stupid ass.
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Idiot? Stupid ass? Really? Reread what you wrote please. You forgot to mention the fact that you acquired a pile of debt in this scenario on a depreciating asset that is eating up all of your interest and then some. And you have to pay for it every month out of your income which is preventing it from working for you. Your net worth is the total of your assets minus your liabilities. Focus on the big picture of your personal finances and not the point spreads on car loans.
If you're really a high roller then just pay cash for it and move on.