Submitted by Baraba83 t3_10qa20y in personalfinance
Werewolfdad t1_j6oqwsl wrote
Would you borrow at 5-6% to invest?
If not, you should pay cash
Baraba83 OP t1_j6or814 wrote
Do you mean would I borrow $40,000 from Tony Soprano at 5-6% to invest into VTI?
No, I most definitely wouldn't. Him or the bank.
Werewolfdad t1_j6orgcb wrote
Well there you go then. Because that's essentially what you'd be doing if you used a loan to buy a car instead of your current investments/liquidity
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