Rv loan rates!
Anyone looked at RV loan rates lately! For 800+ credit scores 8% or more! Even through local credit union. Who is buying these over priced RVs with these rates?
Forum Discussion
nickthehunter wrote:
I didn’t say “I had the cash on hand to pay it off”, I said “I had the money to pay it off”. As a matter of fact I even told you the money was invested and what it was invested in. And It’s still invested, and I’m still ahead by a wide margin. But like I also said, different strokes for different folks. You can be you and I can be me.
So when the market tanks and you need cash to pay the loan, you just locked in your losses.
Yeah, you can be you but just pointing out for others some of the risks of investing on margin.
