What is your good debt to bad debt ratio?

>>511309116 (OP)

>>511309116 (OP)
>not being able to start a business, buy a home or get an education is good
If you support capitalism you consent to this.

>>511309116 (OP)
>education
>good gebt
You can only choose 0.

>>511309116 (OP)
I have zero debt and the credit rating agency says i have room to improve.
Action required: take out a mortgage

>>511309116 (OP)
>education debt
>good
This actually fucks you worse than credit card debt if you can't pay it.

>>511309116 (OP)
0/0 so 1

>>511311325
pretty much this

>>511311325
Its normal btw. Kids dont understand that.

>>511309116 (OP)
>Good debt
>None
>Bad debt
>Everything else
People that trust the future are retards, usury is a sin and God never intended for greed to run this rampant.

>>511309116 (OP)
All debt is good if the interest rate is fixed and lower than the inflation rate

>>511309116 (OP)
No such thing as good debt

Am i the retard here? Parents recently bought a new car (some honda crv for like 40-something grand) and decided to finance it, i was very confused and offered to front them the cash to buy outright, (we all got enough money, most of theirs is tied up in less liquid mediums that they need to time and sell etc..., years ago fronted em like 20 grand for some kitchen rennovation, they obviously paid me back in full a few weeks later and all is well) this time though, they were explaining something about the finance rate for the next X years or whatever is slightly ower than their average expected investment return rate for the next X years and therefore financing it is more profitable than buying outright and if the return rate is bad then they'll just pay it off on the spot.


So uh.... are they smart? Am I dumb? Im actually planning on getting a new car soon (current is 10+ y/o and starting to regularly have pricey issues) and was gonna just buy outright, should i actually finance?

>>511309116 (OP)

>>511312914
Only if they were gonna use that money for something else profitable (possibly referring to that return rate).
Consider:
>spend $20,000 on a car outright
>car loses most of its value in only a few years/km
>net loss of say, $15,000 as a held asset
or
>set up loan for $20,000 car and invest $20,000 in stocks or something
>pay 40,000 over a few years to a total loss of 35,000 (including the used car's remaining value)
>in those few years that if that 20k investment returns another 15k they broke even. Much more or less determines whether they are retarded or shrewd