Rv loan rates!

valhalla360 wrote:

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.

First of all, I’m not investing on margin. Margin is when you borrow money to invest it. I had the money to start with and wasn’t over buying my bank account or may abilities to pay the tab. I made that clear a number of pages ago.

Second, I have the ability of “locking in my losses” (as you call it) at a 70% gain over the last 8 years, I’ll take that “loss” any day of the week. Remember, I still have the money to pay off the loan, plus another 70%+ I get to keep.

Just like you, I’m just pointing out to others, that Just because you can pay cash, doesn’t mean you should.

Today may not be a good time to buy, let alone take on a loan to buy. A year from now, or more likely two years from now, things could be completely different; along with the risk. To each his own.