Patreons Exclusive: why companies should reduce debt during inflation
Added 2021-11-15 08:26:13 +0000 UTCComment below other questions and I’ll try and answer
Comments
To add. We have room in our tax free accounts so gains won’t be taxed!
Rav
2021-11-15 13:48:22 +0000 UTCFor the last 20 years the various mortgages I’ve had were variable but paid down like it was fixed. Now that I’m married my wife if paying down even faster. I would rather buy Tesla stock but she wants to be debt free asap.
Rav
2021-11-15 13:46:53 +0000 UTCLong term 15-30 year I would say yes keep paying regular payments. My rentals have commercial loans only fixed for 5 years so I have been aggressively paying those off by selling some at the top of the market.
Chad Philpott
2021-11-15 13:41:37 +0000 UTCHow about a mortgage? If $100 will be worth less in the future then won’t debt be less so maintain current payment schedule?
Rav
2021-11-15 13:04:37 +0000 UTCI agree. I don't think we will see any dramatic interest increases anytime soon. That ship has sailed.
Inspector Gadget
2021-11-15 12:42:20 +0000 UTCHey Tom, твой товарищ тут. Thanks for the amazing videos, I leant a lot from you. Appreciate you brother
Vova
2021-11-15 08:58:40 +0000 UTCThe Fed, I believe, can only TALK about raising interest rates, they will never dare to do it again. The Fed tried to raise interest rates in 2018 but failed, they learned their lesson and in the future it's only bark and no bite.
Lars H
2021-11-15 08:38:32 +0000 UTC