I'm still convinced these people are crazy.
Years ago, pre-2008 in fact, I posted something that lighted a firestorm of indignation - I questioned the sanity of people who buy new RVs and amortize the purchase over 20-25 years. I had been to an...
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There's something to be said for "waiting until you can afford it", and that's certainly how one generation was raised (mine for one). But I can tell you that waiting for what you want doesn't always work out and I for one do not intend to be old and frail wishing I had done something that never came to pass. This is why I learned to fly at the age of 50 and why I bought an RV. I did not refi to buy it, nor did I take out a 20 year loan.
Financial trends are generally up and with the exception of occasional corrections or depressions caused by greedy people on Wall St, most investments show a positive return. Leveraging your investments to work better for you is a good way to go out leaving nothing to your estate other than debt. Spend all your money and screw everyone except the 6 people you need to carry your casket.
Financial trends are generally up and with the exception of occasional corrections or depressions caused by greedy people on Wall St, most investments show a positive return. Leveraging your investments to work better for you is a good way to go out leaving nothing to your estate other than debt. Spend all your money and screw everyone except the 6 people you need to carry your casket.
