Quote:
Originally Posted by biosurfer1
Don't think I can agree. For the debt tabs is talking about (stupid debt) then yes, that's true. Otherwise it's like telling Ruth Chris "you don't increase net worth by buying steaks" except they turn around and sell that steak to some guy for 3x the price.
If someone wants to loan you money at 3% and you can make 4% with acceptable risk, why not???
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Which is why I wrote "don't get me wrong, my business is not debt free... yet"
Why would I pay someone interest when I have enough to self fund and I can make the entire 10-20% rather than 7-17%? I have a small business and my goal is to be self funded because then I'm making even more. Seems to make sense.