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Active Inventory Deactivated Inventory Trade History

Feb 3, 2016 Old
View Public Profile Send a private message to Goat Find More Posts by Goat
Active Inventory Deactivated Inventory Trade History
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Join Date: Oct 2009
Feb 3, 2016 Old
Originally Posted by FruitCandy View Post
Debt is owing something to something/one else. Am I right?

From my perspective, owing something, say money, is nothing but a hole to dig out of. Think about it...
You use a loan to buy a cash cow. No matter how much your cash cow makes, you will be spending more to get out of the debt then just, yknow, spending money you actually have. Here's how things work in my crib.

You don't have the money? Don't buy it! Cash is king essentially. So simple it hurts xD

Even if you do manage to pay off debt, you end up where you started. I am not seeing any benefits here.
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12% AGR? Thats silly. Stop using Wikipedia please.


Loan's are extremely useful in the business world, if you can't afford to market a product and your product is popular both parties (the investor and company) gain money. So no, you don't start where you started.

Secondly, loans are needed for paying for things like college or a house. If you aren't making a living and the average student debt is over $30,000 it makes sense to get a loan to get the education for a real career, not just washing dishes for $7.25/hour.
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