Thread: Money How broke are you?
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Old 06-21-2021, 12:06 PM   #3
Bearcat Bearcat is offline
Would an idiot do that?
 
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Join Date: Nov 2000
Location: Arizona
Casino cash: $-845069
Quote:
Originally Posted by Bowser View Post
He's a truck driving Raiders fan. Cut him some slack, you savage.
Ok, so say the Raiders needed to buy moving trucks.

They could just save up the money for these moving trucks, but that could take time.

So, what if you financed these moving trucks at say 3%. After all, the Raiders are return customers and provide good business, so despite having a residence history longer than a CVS receipt, they would get a decent rate.

And now you could move sooner and start swindling an entirely new fan base in no time. Your rate of return in this new market is through the roof, far greater than the 3% being spent on moving truck interest.

And guess what, you now have the option of paying off the trucks sooner with the profit from the new location instead of digging into existing funds, while still making money that never would have been made had you waited to save for the trucks in full, AND now you'll be that much further ahead and could even pay for new trucks AND upper deck tarps when you have to skip town for Oakland in a few years.



...does that help?
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