Thread: Investing 102
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Old 07-21-2013, 06:55 PM
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Quote:
Originally Posted by glassman View Post
And yes, you do need to change that avatar. Its freaky.

From your friend in the tri valley you haven't met yet

Mike
Freaky is/was the goal. Guess I succeeded.

Quote:
Originally Posted by Vegas69 View Post
Don't forget about capital gains tax on your gain. Also, 1.9% is for a new car or dealer purchase normally. Used car loans may not be so attractive. Especially, private party. I sleep great at night with the title in my safe and no chance of losing money on my investment AND having a car payment. We all have different tolerance for risk. My point is that 95% of Americans have no business taking these risks.
True. Agree with Greg though that well managed debt (leverage) is a powerful tool when part of overall sound financial management.
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