GrandpaKip wrote:
As an aside, my daughter in law is a CPA and teaches accounting and finance in college. She has real credentials.
Off the box now.
I have a degree in Accounting and I was a CPA for 20 years before I left it for something that I like better. I wouldn't finance anything with wheels for 12 years, but if others want to do so that's fine. If someone can make 7.6 percent on their money they're doing a lot better than most in today's economy. I do think this is an appropriate discussion especially considering that the original post was not asking a question it was just making an observation about their situation. I don't think a comment about taking a 12 year loan on an RV is something to get offended about, but some people get offended very easily. The comment wasn't harsh as I read it and not directed at anyone in particular. (I'm not actually giving any advice in this post, but my financial decisions have gotten me to the point where I can pay cash for an RV or even a median-priced house in Dallas)