Re:Owning nothing is now a luxury, thanks to a number of sub...
by Dylan16807 on Tuesday June 11, 2019 @05:12AM
(#20153901)
$1950 invested and pulling out $50 every month. If you get 10% interest, at the end of four years you have... negative thirty dollars.
And you still don't own the couch.
$50 a month for a $2000 couch is equivalent to a debt at 26%. You can't overcome that with investment. It only makes sense if you're planning to throw it away very soon.
And you still don't own the couch.
$50 a month for a $2000 couch is equivalent to a debt at 26%. You can't overcome that with investment. It only makes sense if you're planning to throw it away very soon.