Reply To: Interest Rates: A Budget Buster

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#2229068

Chaim, I obviously meant borrowing at 2% earlier. General rule: assets go up during inflation, and printing money 💰 in the past several years was a good predictor of inflation. There was not much risk of borrowing at 2%. Of course, as you are saying, one should keep cash to make sure payments can be met during market fluctuations. This is all al pi Rambam who, I recall, recommends job and property before getting married.. there was probably more in the financial literacy shiur in your yeshiva, not sure why you missed that