We're not going into should I pay cash or finance and smoke crack. The question answers itself. Can you make/save more money doing it one way or the other given current financial abilities.
pay cash vs finance 2022
- Thread starter IA Shelby
- Start date
I forgot. Everyone is a Gordo Gekko on here.
I try to maintain some liquid cash beyond an emergency fund so I can jump on things in times like this. Inflation is the talk right now. I'm not an economist but feels like a lot of things are about to crash. If I get a chance to buy low whether it be property, vehicles, or other investment opportunities I'm glad to have some liquid cash available to take advantage when it happens
On the other hand, stock market is down 30+% in CY22
Home values are about to decline.
I understand not being in cash, but if you sold everything 6 months ago, you did well.
Buying stocks now will work out in general.
Housing hasn’t rolled over yet.
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If its a toy its cash only but i do it a little different, i make payments to myself to keep a slush fund just for this but by no means on the scale of some of you ballers. I'm not saying this is the best way or the worst just that it works for me.
You could deposit that in my paypal account and least you’d get an emotional return on the pics of what I posted that I bought with that money.
Are you saying BTC will never go up?
I remember when they said that at 9k
Then 60k happened
Then again they said Doge was fake at .004
Then .70 happened
I’m saying its extremely volatile and unpredictable.
But we can predict it will go up and down...as it always has.
Don't forget about Shiba.....threw in 8 grand it was 14 grand in 8 hours. I bought some nice toys off that one.
And then it tanked badly
‘Sell All Your Bitcoin’ Now—Serious Crypto Price Crash Warning Issued Ahead Of Game-Changing Ethereum Upgrade
One independent bitcoin and crypto researcher has warned of a looming bitcoin price crash that could follow ethereum's "merge" transition to the energy-efficient proof-of-stake...
www.forbes.com
I agree. Crypto is way too volatile to have as a large portion of you portfolio.And then it tanked badly
‘Sell All Your Bitcoin’ Now—Serious Crypto Price Crash Warning Issued Ahead Of Game-Changing Ethereum Upgrade
One independent bitcoin and crypto researcher has warned of a looming bitcoin price crash that could follow ethereum's "merge" transition to the energy-efficient proof-of-stake...
And then it tanked badly
‘Sell All Your Bitcoin’ Now—Serious Crypto Price Crash Warning Issued Ahead Of Game-Changing Ethereum Upgrade
One independent bitcoin and crypto researcher has warned of a looming bitcoin price crash that could follow ethereum's "merge" transition to the energy-efficient proof-of-stake...
As of right now
Bitcoin = 60.2% drop in a year
Meta ( Facebook ) = 60.1%
Weird how that works
I hate bills, & don't overthink a vehicle purchase.
I'll bet some # cruncher could show me all the money I've wasted over the years paying cash.
I did finance my 2017 F150, the salesman said Ford would give me $ 1250 to use Ford credit. I was told I had to have @ least 8K on the loan, which I did, no penalty for early pay off.
The loan was paid off in 11 days.
Other than that, no car loans since the late 1980's,.............just the way I like it !!
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I'll bet some # cruncher could show me all the money I've wasted over the years paying cash.
I did finance my 2017 F150, the salesman said Ford would give me $ 1250 to use Ford credit. I was told I had to have @ least 8K on the loan, which I did, no penalty for early pay off.
The loan was paid off in 11 days.
Other than that, no car loans since the late 1980's,.............just the way I like it !!
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One is a form of currency, the other is a social media platform….
I’m not contesting that. I just don’t understand why anyone would want to invest in a form of currency so volatile.
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