Quote:
Originally Posted by rats60
Selling to buy is good in theory, but doesn't always work out. I have borrowed to buy a card. I was bidding and the card went higher than I thought. I decided to place one more bid knowing I would have to borrow to pay and won. My only regrets in this hobby are the things I have not bought, or at least tried harder to buy.
What I don't understand is people borrowing to buy a car (an asset that decreases) or pay for college. Those are things that I would never do. To borrow to buy an asset that will increase in value, under the right circumstances, absolutely.
|
How does one pay for college without borrowing?