SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (45916)1/28/2009 3:19:26 AM
From: TobagoJack  Read Replies (2) | Respond to of 219726
 
on 50% cash down for car, i was being diplomatic. 100% is best.

on money being abstract, being so makes it more likely to abstract away.

gold money involves no abstraction.

in so far as money goes, labour was the original function, shells, stones, gold and silver were the first order derivatives, and then 2nd to nth derivatives came along, with qcom ordered at about n-1

why settle for n-1?



To: Maurice Winn who wrote (45916)1/28/2009 10:00:13 AM
From: carranza2  Read Replies (1) | Respond to of 219726
 
Cars should be bought with pure cash, no credit

Not necessarily.

Bought spouse's car at 0% interest. Mine, which has been paid off, at 1%.

The advantages are obvious.

Autos depreciate like crazy.

Why plunk down the whole [depreciating] value of the car if 0% financing is available? Frees cash to be invested at a hopefully higher than 0% rate.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News