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
bid_time wrote:valhalla360 wrote:Not at all, it's only painful if you sell. Holding a paper loss costs you nothing, just like holding a paper gain nets you nothing.
...Buying on margin works great when the market is red hot. When it takes a dump, it's really painful.
I thought that "paper" nonsense was obsolete 30 years ago. If your portfolio is down 25%, you done lost 25%. Don't believe that? Ask yourself if your neighbor invests the same amount as your new low figure on the day you bottom out if he has more, less or the same.
There is so much bull that comes out of investment firms, for example:
In it for the long run.
Hang in there, it'll come back.
Market timing won't work.
And many more geared to keep all your money with them.
