“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/
Related posts:
Last Hurrah of the Interventionists?
The State: Always the Accuser, Never the Defendant
Grasping for Dignity in the Era of the American Police State
Bill Bonner: Zombie Nation
Seminal Moments
U.S. Prisons Thriving on Jim Crow Marijuana Arrests
Bitcoin developer: Are bitcoin thieves revealing NSA back doors?
Paul Rosenberg: The Internet Is Being Slaughtered in the Back Room
Ron Paul: A Republic, Not a Democracy
A Thanksgiving for JFK
Government Ban On Bitcoin Would Fail Miserably
Obama's False History of Public 'Infrastructure' Investment
Arriving in Slovakia in November of 1989
Gupta Mea Culpa
Why Are Your Children Buying Houses for Ben Bernanke?