Quote:
Originally Posted by GoldenBear
He is either confused or it didn't come out correctly in his post. If you take the cash you WOULD have paid upfront and invest it and pay off the watch over time with 0% interest and no premium, you did the right thing and you will come out ahead. Like I said, I did the same thing. I pay 1/24th of the watch each month for 2 years and have the rest invested. My $$$ will continue earning interest on the balance until the final payment is made. When you put it on a real "charge" card, with an interest rate, that is a different story...
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Confused in general yes.
Confused about debt? You guys decide.
There are many ways to look at the same concept and my choice was to tell a 23 year old to stay away from debt. Simple as that.
Not the forum to discuss risk as the major component of ROI.
