re: The 'lost generation' of millennials born in the 1980s may never be as rich as their paren

I almost feel bad for pointing out to the fool the following.

1. If you are buying a house that you believe you will be trying to sell within 5 years, a 5/1 ARM is certainly worth considering. If buying and you believe you will sell within 7 years, you might find a 7/1 ARM interesting. As they say, "it depends".

As for cars.

If you have access to a 1.9% rate and you blow say, $30K cash on a car, you're a fricking tard.