Some of you might remember me posting on the old site the benefits of borrowing vs laying down cash on a car if you then invest the cash.
I showed a spreadsheet detailing the minimum return to break even assuming various rates of interest and inflation...... well.......
I borrowed in Feb 07 and invested in Aril 07, I borrowed £55k and invested £50k.
Today one fund is up 70%, the other 50%
Both Asian oriented funds, I could pay off the loan and buy a M3 CSL with the profit
For all the doubters who said I was mad :lol: :lol:
I showed a spreadsheet detailing the minimum return to break even assuming various rates of interest and inflation...... well.......
I borrowed in Feb 07 and invested in Aril 07, I borrowed £55k and invested £50k.
Today one fund is up 70%, the other 50%
Both Asian oriented funds, I could pay off the loan and buy a M3 CSL with the profit
For all the doubters who said I was mad :lol: :lol: