• kugiyasan@lemmy.one
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    6 months ago

    Tbf I’m really not savvy in loans, but I mean any amount of money X that you have to pay back with Y% of interest in Z days. If you take that loan and you know an investment that will guarantee you (Y+1)% then you should borrow money. (That conclusion is of course completely neglecting risk management)

    • eezeebee@lemmy.ca
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      6 months ago

      And that’s why interest on borrowed money tends to cost more than any guaranteed investment. Because otherwise the ones loaning would just take the investment themselves.

    • exanime@lemmy.today
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      6 months ago

      You are correct in your theory… In practice however there is no such guarantees, if there were, it would be a perpetual money making machine

      Investment opportunities that guarantee a return will always guarantee less than the interest of regular loans. So unless you are a billionaire, there is no such luck.

      In practice, regular investment like mutual funds average to x in the long run (10 years or so) but you’d never find a 10 year loan that does not require you to pay regularly and with accrued interest for that time, so it defeats the purpose of taking out a loan specifically for investing long term