Posted on 08/04/2022 9:11:56 AM PDT by Signalman
I called the Covid crash and protected myself there (although it turned out to be unnecessary), but I couldn’t figure out a way to hedge the Bidenflation + Recession. I tend to drive cars into the ground rather than trade them in.
A lot of Freepers argue against car payments and financing a car. But why should anyone pay cash for a $50,000 car?
If you can afford a $50,000 car, then why should you take the cash out of an income earning account with a yield of four or 5%? Why not finance that at 2%?
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