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      12-07-2021, 04:20 PM   #33
P1
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Drives: 2004 3/4 ton Duramax
Join Date: Aug 2007
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Quote:
Originally Posted by jmg View Post
You can have $80k in an ETF or if you want to be safe, bonds, which at 6% is better than -0.9%. The concept is that "free/cheap" money is opportunity to invest for a return. Paying $40k for a car then investing $40k is missing out on a $40k investment.

Also, if I "only" had $40k I would definitely not be paying cash for a $40k car. I'd finance a $20k car for pennys on the dollar and use the $40k to build wealth.
Again, on paper, sure. But how often does his happen in reality?
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