“In the investment world, this is known as the ‘carry trade’ – borrowing at low rates to invest at higher rates. The same logic applies to the personal finances of your everyday life. Looking out three years from now… if we keep our cash invested and borrow the money for our outdoor kitchen from our credit union we will have a balance of roughly $41,686 in our investment accounts, and we will have paid out $37,200. We will be ahead of the game by nearly $4,500. The Federal Reserve is giving all of us a no-brainer opportunity: Borrow at cheap rates today and let your investable assets continue to grow for tomorrow.”
http://sovereign-investor.com/2012/08/01/why-you-should-borrow-money-today/
(Visited 30 times, 1 visits today)
Related posts:
With Enemies Like This, Who Needs Friends?
Paul Craig Roberts: Washington’s Drive For Hegemony Is A Drive To War
Bauman’s Little Black Book of Buffoons
Citizenship, identity, mourning loss of identity and moving on …
Sheldon Richman: Truman, A-Bombs and the Killing of Innocents
David Stockman: The End of U.S. Imperium—Finally!
Ruby Ridge: The Age of State Terrorism Begins
The Emergency Destruction of American Liberty
Why I Am Leaving California After 52 Years
Why Snowden's Passport Matters
To The US Govt, Failure To Disclose Foreign Accounts Is Worse Than Child Porn
Scheuer: Ten questions worth pondering on Obama, Syria, and Interventionism
Who Wants Marijuana To Remain Illegal?
Dr. Grinspoon's Kind War: Interview With a Renegade Marijuana Proponent
Crushing the Middle Class