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re: Any baws with a $600+/month car note

Posted on 6/24/18 at 1:47 pm to
Posted by BogeyGolf
Minot
Member since Nov 2016
974 posts
Posted on 6/24/18 at 1:47 pm to
1 People who can make more than 3-5% with their money and make an intelligent decision.

2 People who can’t afford what they are buying.
Posted by starsandstripes
Georgia
Member since Nov 2017
11897 posts
Posted on 6/24/18 at 3:52 pm to
quote:

1 People who can make more than 3-5% with their money and make an intelligent decision.


How exactly does this work?

If you bought a 50k vehicle and put 50k in an investment, you are continually draining that 50k every month, which brings your ability to generate a return closer to zero each month. Doesn't seem like it would offset the interest rate.
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