Loans

Do any of you guys take out loans to buy your race bikes? Did you have to pay them back?

 

all cash, outright ownership for all toys, watches, guns, and bicycles.
Only loans for house and car. Car's almost done.

 

Only the little people pay for their race bikes

 

Pay back???? No way. Even though I signed the contract that I would pay it back once I was done and dominating over the chump change racers in beater bikes.It’s called the lack of accountability and entitlement racer program

 

Welcome back.....

 

Leona? Izzat you?

 

I was thinking Imelda

 

Brandy?

 

Credit cards, stupid. You can walk away from that debt.

 

It was Leona. Imelda you know from selling her shoes.

 

This thread is going to lead a long and prosperous life.

 

So it won’t need a loan?

 

Shouldn't that be a toilet bowl rather than a pot?

 

It should have gotten a loan a couple of years ago.

Loans for durable goods at absurdly low interest rates just prior to ̶r̶e̶c̶e̶s̶s̶i̶o̶n̶s̶ times of inflation and higher interest rates are the best investments EVAR*.


*with the exception of loans that will be illegally forgiven.

 

Race bike loan forgiveness only applies if your racing experience was educational.

 

I recently learned, by proxy, that unsecured consumer debt and other-than-transparent asset valuations and disclosures are the best investment, and apparently you can do it again and again!

 

All of mine were. I learned what not to do, but did it again anyways.

 

Apparently, you can walk away from any debt nowadays.