Quote:
Originally Posted by westopher
So are you saying better never than late? Because it sounds like it.
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no. I'm saying that if they budgeted this when interest rate was low... cost (interest to finance the transaction) would be much lower.
To put this into perspective, it's like finally buying into AMZN when it hit 3000 (150 post-split) and hold the bag now on margin.
Now the asset is worth less (less people likely to take advantage of tax free loan to get higher education), and the rate is much higher (cost a lot more to taxpayers).