04-23-2010, 10:39 PM
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Half-Ass Member
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
Posts: 22,025
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Not Ranked
Quote:
Originally Posted by jhv48
Because this way I got a 1% loan.
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No, you got a loan that had a marginal rate that is 1% greater than the return on your investment. It's only a true 1% loan if the return on your investment is zero percent. Remember, you have to pay income tax on any return on your investment as well.  But it's only a few hundred bucks a year, and in the scheme of what we pay on our Cobras that's really nothing. Mostly I wanted to bait RodKnock down a no-win money alley -- but he's probably too bright for that....  |
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