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re: Financing is OOC

Posted on 5/4/19 at 7:32 pm to
Posted by OceanMan
Member since Mar 2010
20086 posts
Posted on 5/4/19 at 7:32 pm to
quote:

You and a few others seem to have a difficult time grasping apples to apples in this thread.


You brought the orange to the apple fight

So you think 4% is a good interest rate. Not that profound of a point.
Posted by slackster
Houston
Member since Mar 2009
85490 posts
Posted on 5/4/19 at 8:04 pm to
quote:

You brought the orange to the apple fight




quote:

So you think 4% is a good interest rate. Not that profound of a point.


It went off the rails when people started talking about how financing a depreciating asset for a long time was a bad decision. I disagree with that, and I laid out why that kind of criteria is dumb.

I'd finance a vacuum cleaner for 30 years at 4% if they'd let me.
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