The_Phew
Well-Known Member
The S&P 500 has averaged about 10% cumulative annual growth rate. The only reason to lock in ~2.5% annual returns (effectively what you are doing when you pay cash for a vehicle instead of financing) instead of unlocking the potential for ~10% returns is if your investment horizon is less than a decade or so (i.e. looming retirement).I have yet to find any "good" debt since the real estate boom in California during the late 70's early 80's.
If you have any leads, pm me!
Many people have a psychological aversion to debt, but corporations and most wealthy people actually have a lot of 'cheap' debt. It's the lowest-risk way to free up capital for more lucrative investments.
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