Quote:
Originally Posted by Billfitz
What I use for a down payment is the profits I made investing what I was no longer making in payments. I also make a fairly low DP, depending on the current interest rates. I financed my BMW at 2.4%, while I make 3% on my bonds and 9% on my stocks, so with a high DP I'm losing money.
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Do remember 3% bond 9% stock after tax would become 1.5% and 4.5% to pay for that 2.4%.