wibornz
Well-Known Member
- First Name
- Ted
- Joined
- Aug 3, 2018
- Threads
- 157
- Messages
- 9,796
- Reaction score
- 49,903
- Location
- lansing, Mi.
- Vehicle(s)
- JL Unlimited Rubicon
- Occupation
- Retired from Corrections....I have stories.
- Thread starter
- #181
I used to pay cash for all my cars. I went to buy a new car back in 2012 and the intrest rate was 0.09..... Didn't even want to put any money down. Just like I have the ability to pay my house off, but the intrest rate is so low, that to pull money out to do so would be a bad investment.I didn't say that my investments were totally making the $525/mo payment. What I originally said was that my loan is 2.90% and my investments have a higher rate of return than that. I'm not an investment guru, which is why I have a financial advisor doing such things for me.
If I was trying to do this on my own I would probably be broke and driving a rusted out Yugo.
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