re: I'm in the market for a new car

Dave, is that you?

paying cash for depreciating non income producing assets is a good position to take

Some of you would literally borrow for every expense of life.

I have had to borrow to buy cars in the past but not in the last 20 years. I understand completely the argument of investing the money instead but I also understand the risk of such investments much better than some of you.

Save your borrowing power for appreciating or income producing assets whether it a house or a commerical lawn mower to start a mowing service.

quote:

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pay cash If you can’t don't buy

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And if you can’t buy, then don’t expect to drive to where the bus won’t take you?


How dumb?