Podcast Appearances
My parents suggest that I take out a loan on this car instead of paying up front with cash, which... I mean, I've been listening to the show for a little bit, but even just on my basic instinct doesn't really seem totally right. I mean, if I have the cash and if it doesn't swap my net worth, then I don't see why I shouldn't just pay up front for it.
And basically their argument to why I should do this is they claim that the interest that I'd be paying on the car loan would be less than the interest that I would gain through some sort of stock market portfolio with the rest of the cash.
And basically their argument to why I should do this is they claim that the interest that I'd be paying on the car loan would be less than the interest that I would gain through some sort of stock market portfolio with the rest of the cash.
And basically their argument to why I should do this is they claim that the interest that I'd be paying on the car loan would be less than the interest that I would gain through some sort of stock market portfolio with the rest of the cash.
I mean, it's kind of just, The car was actually my idea, like, let's say, for my own car. It's just the car we're sharing, or at least the one I'm sharing with my mother, is quite old. And, you know, by the time I'll be getting this other car, that car will probably be about 20 or so years old.
I mean, it's kind of just, The car was actually my idea, like, let's say, for my own car. It's just the car we're sharing, or at least the one I'm sharing with my mother, is quite old. And, you know, by the time I'll be getting this other car, that car will probably be about 20 or so years old.
I mean, it's kind of just, The car was actually my idea, like, let's say, for my own car. It's just the car we're sharing, or at least the one I'm sharing with my mother, is quite old. And, you know, by the time I'll be getting this other car, that car will probably be about 20 or so years old.
I actually don't know. Might be something to ask them.
I actually don't know. Might be something to ask them.
I actually don't know. Might be something to ask them.
Yeah, they're beating the market. Right. I know that the car that my father bought when I was very young, I know he took out a loan on that one, but the most recent one he bought, he paid fully cash for. Yeah.
Yeah, they're beating the market. Right. I know that the car that my father bought when I was very young, I know he took out a loan on that one, but the most recent one he bought, he paid fully cash for. Yeah.
Yeah, they're beating the market. Right. I know that the car that my father bought when I was very young, I know he took out a loan on that one, but the most recent one he bought, he paid fully cash for. Yeah.
Oh, you were actually asking? Yeah. Yeah, it'll take about two years, yeah. Are you living at home? Yeah, I am. What do you make a year? Per year, I'm not totally sure. I mean, I'm about to be hired for a landscaping company that pays about $22 per hour, which is roughly, I guess, $5,200 per month before taxes and pension deductions and all that.
Oh, you were actually asking? Yeah. Yeah, it'll take about two years, yeah. Are you living at home? Yeah, I am. What do you make a year? Per year, I'm not totally sure. I mean, I'm about to be hired for a landscaping company that pays about $22 per hour, which is roughly, I guess, $5,200 per month before taxes and pension deductions and all that.
Oh, you were actually asking? Yeah. Yeah, it'll take about two years, yeah. Are you living at home? Yeah, I am. What do you make a year? Per year, I'm not totally sure. I mean, I'm about to be hired for a landscaping company that pays about $22 per hour, which is roughly, I guess, $5,200 per month before taxes and pension deductions and all that.
No, absolutely. I guess, um, I mean, yeah, you're absolutely right. I guess I'm just not too much of a rush to get a whole separate vehicle. You know what I mean? I guess, uh,
No, absolutely. I guess, um, I mean, yeah, you're absolutely right. I guess I'm just not too much of a rush to get a whole separate vehicle. You know what I mean? I guess, uh,
No, absolutely. I guess, um, I mean, yeah, you're absolutely right. I guess I'm just not too much of a rush to get a whole separate vehicle. You know what I mean? I guess, uh,
You're right.