21 Sep 2009 @ 10:51 PM
Turn a depreciating asset into an appreciating asset.
A simple and common car purchase example:
Car cost $25,000 — term 4 years — interest 7.87%
1) Finance car through bank or other lending institution;
After 4 years you have paid the bank $25,000 + $4,222 = $29,222.00 principal and interest.
Suppose depreciated value of car is now $9,000, subtract that from total cost and that means this transaction cost you $20,222.
2) Finance car using your own private reserve financing strategy.
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