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Message
re: The 'lost generation' of millennials born in the 1980s may never be as rich as their paren
Posted on 5/25/18 at 1:25 pm to cahoots
Posted on 5/25/18 at 1:25 pm to cahoots
quote:Well that's just silly.
That’s why you should buy cars in cash. I’ve never had a car payment.
My rate is 1.9%! LOL
quote:
And you should never buy a house with an ARM.
Never say never.
I mean, I've never done the ARM. But, do I really need to spell out for you when an ARM might be the right call?
quote:Well. You were 0 for 2 there. So............
ut I’m just a dumb millenial that doesn’t understand economics 101!
1
Posted on 5/25/18 at 1:31 pm to ShortyRob
quote:
Well that's just silly.
My rate is 1.9%! LOL
Probably a new car purchase? I mean, that’s fine if you have the money, but roger was alluding to having a 21% interest car loan as if it were unavoidable. I should change what I said to “most people should buy cars in cash.” Especially if rates are high
quote:
Never say never. I mean, I've never done the ARM. But, do I really need to spell out for you when an ARM might be the right call?
I’m talking 98% of the time.
You’re trying to nab me on technicalities.
Most people should not finance car and have adjustable rate mortgages. There are always exceptions
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