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thstone · 03-07-2014, 01:09 PM

Actually credit is king. Credit is how wealth is leveraged. It makes perfect sense to have someone else float your purchases for 30 days at no cost while your money earns interest. Its all about playing the spread and if its good enough for banks, its good enough for me.

That $7,000 was really worth $7,018 (at about 3% for a month). Making almost $20 on a purchase for doing nothing? It can't get any ea$ier.

03-07-2014, 01:09 PM	#17
thstone Certified Boxster Addict Join Date: Nov 2010 Location: Los Angeles Posts: 7,669	Actually credit is king. Credit is how wealth is leveraged. It makes perfect sense to have someone else float your purchases for 30 days at no cost while your money earns interest. Its all about playing the spread and if its good enough for banks, its good enough for me. That $7,000 was really worth $7,018 (at about 3% for a month). Making almost $20 on a purchase for doing nothing? It can't get any ea$ier. __________________ 1999 996 C2 - sold - bought back - sold for more 1997 Spec Boxster BSR #254 1979 911 SC POC Licensed DE/TT Instructor