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Horned Frog Athletics
Scott & Wes Frog Fan Forum
OT: How Do You Invest Your Money?
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<blockquote data-quote="BABYFACE" data-source="post: 2829456" data-attributes="member: 159"><p>My advice is old school and simple. Avoid or minimize debt. It’s amazing how much extra money you have in your pocket to invest if you choose to.</p><p></p><p>Taking on debt to use towards investment is a game I choose not play no matter if the numbers look in your favor. Things can always change. Paid off car is a thing of beauty. Owning your home outright is fantastic.</p><p></p><p>Had a relative take out a loan on their home they owned free and clear. Why, because the loan rate was low and returns in the market were much higher on investments. I told him was a mistake because things change. Well they did over a decade ago. Housing bubble burst and the market tanked in a deep recession. Hated to be right.</p><p></p><p>I am just common sense guy that doesn’t believe handling one’s personal finances like a day trader.</p></blockquote><p></p>
[QUOTE="BABYFACE, post: 2829456, member: 159"] My advice is old school and simple. Avoid or minimize debt. It’s amazing how much extra money you have in your pocket to invest if you choose to. Taking on debt to use towards investment is a game I choose not play no matter if the numbers look in your favor. Things can always change. Paid off car is a thing of beauty. Owning your home outright is fantastic. Had a relative take out a loan on their home they owned free and clear. Why, because the loan rate was low and returns in the market were much higher on investments. I told him was a mistake because things change. Well they did over a decade ago. Housing bubble burst and the market tanked in a deep recession. Hated to be right. I am just common sense guy that doesn’t believe handling one’s personal finances like a day trader. [/QUOTE]
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Horned Frog Athletics
Scott & Wes Frog Fan Forum
OT: How Do You Invest Your Money?
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