20 year loan for RV?
A friend of mine was telling me that I can get a 20 year loan on most new RVs. Is this true? Now I realize how people afford those Class A RVs.
Forum Discussion
Millenials and GenXers have it right. Only look at the cost per month and only pay that. If things go bad just go Chapter 7 or 13 bankruptcy. That is how they sell 1000$ telephones and 1E6$ RVs.
I can never again advise anyone to try to save for retirement. I had done this. No big toys and no great vacations for the last 28 years (after the kids moved out was our first chance), it all went into an account to make retirement comfortable.
Then came the abrogation. The regime decided that since they couldn't legally reward the labor organization that supported them well enough, they have to do something else. They did.
Until that time corporate bonds had been treated as real property, like I owned a piece of a building or a 1Kton stamping press. Even if the company was forced to liquidate, I would still get most of my money back. That is not what happened. They decided that they could buy out our (the plan's) interest for 5¢/$. Then they put rules in place that made the cost to recover that 5¢ to be 3¢$.
It was a little too late in my life for me to recover, so I have done the best I could with what I had left and lots of sweat.
Matt
I can never again advise anyone to try to save for retirement. I had done this. No big toys and no great vacations for the last 28 years (after the kids moved out was our first chance), it all went into an account to make retirement comfortable.
Then came the abrogation. The regime decided that since they couldn't legally reward the labor organization that supported them well enough, they have to do something else. They did.
Until that time corporate bonds had been treated as real property, like I owned a piece of a building or a 1Kton stamping press. Even if the company was forced to liquidate, I would still get most of my money back. That is not what happened. They decided that they could buy out our (the plan's) interest for 5¢/$. Then they put rules in place that made the cost to recover that 5¢ to be 3¢$.
It was a little too late in my life for me to recover, so I have done the best I could with what I had left and lots of sweat.
Matt
