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Money and Finances
Reply to "Buying a Car for your college graduate"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]why buy him a depreciating asset. set the money aside for a future down payment on a hoyuse[/quote] + 100 Especially when you have to pay interest to buy him the depreciating asset . . . you are foolish. [/quote] Why is financing at less than 2% foolish, when it allows me to keep money invested elsewhere making 10%? And if done in his name, it helps him with credit. [/quote] Please share where you are making 10%[/quote] Didn't you know? There are lots of places you can stash your 30K vacation fund that return 10% :roll: [/quote] ALL at a risk[/quote]
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