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Over the past few years I’ve financed several immediately depreciating things, a boat, an RV, and cars. I’ve financed them all even though I had cash available to purchase them outright.

That money has been sitting in vanguard ETFs that routinely make more money monthly than all the payments for the items. Not just covering interest - making all the payments!

I let the bank take my depreciation hits and pay those things off incrementally while abiding by the winning rule of Time in the Market beats Timing the Market.

This strategy also leaves me with a lot more liquidity available instead of owning outright a depreciating asset.



Submitted October 17, 2021 at 08:16AM by Lochstar https://ift.tt/30tq4fL

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