Quote Originally Posted by russellsmojo View Post
That would be real hard since born in 77!


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It was a joke, silly!

Lots of people talk about 40 year SP return like it’s a given and they have been expertly raking in double digit returns for decades. The reality is that investing is far from that “safe” and the real returns over the long term for the average investor are typically a good chunk lower than that due to lots of circumstances; life based, decision based, economy based.

20 year boat loans are basically never a good idea. BUT, they are often the only way to get out of control boat prices off the table and still get new boats into the hands regular folks.

But the 2006 Tige example above was real. Poor sap had payed for years and was upside down big time.




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