Money and costs.
I guess, for a variety of reasons, finally, in our 70's and after 40+ years of RVing in various forms, we seem to have a little more spendable cash. For example, we decided we wanted a bedroom window ...
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noplace2 wrote:I used that money by keeping it invested which paid 7 percent (approx.) (Average Annualized Return) in interest while over the same time my interest on the RV loan was 4.6 percent. I won by and average of 2.4 percent (approx.) interest to me over the 12 years of the RV loan. Got it Lucy? - Some people refer to that as smart debt.
Math is still math. Anyone subsuming that to incur any interest paying debt will pay off in the long term is simply kidding self. Add up the interest you've paid over X years and 'splain how you might have used that money Lucy.
