Tag: necessity
Borrowing out of necessity or opportunity
In his book “Borrow Smart Retire Rich” Todd Ballenger discusses the concept of borrowing money out of opportunity versus necessity and at the same time does a nice job of describing financial arbitrage: Most of us have borrowed out of necessity for houses, cars, or other purchases. Let’s say you borrow money from a local [...]
Posted: October 4th, 2008 under Personal Finance.
Tags: arbitrage, borrowing, financial arbitrage, necessity, opportunity
Comments: 1