Re: RECESSION HITS the WEALTHY! More Economic Slowdown Predicted for
by mcbrue <mcbrue@[EMAIL PROTECTED]
>
May 4, 2008 at 09:00 PM
Why would tight credit restrict the sale of luxury vehicles? Don't
most such vehicles get paid for in cash? I guess I balance my own
checkbooks yet and I find that automatic deduction for stuff is just
too distracting, so why do it? Sure you can make more investing with
your money than what it costs in interest, but it is just such a pain
filling out all the forms and stuff. Same thing for leasing - just a
big tax shuffle which ends up costing you money due to the interest
and higher accounting costs, etc.
