"Wayne.B" wrote in message
...
On Wed, 10 Jan 2007 16:54:55 GMT, Short Wave Sportfishing
wrote:

I have never paid for a boat with a loan.

It's a losing proposition

Not necessarily so.

If you can "rent" money for a bit over 5% (and deduct the rent), while
at the same time making 9 to 12% on other investments, where is the
losing proposition?


Even if you "rent" the money for the same amount that you can earn on
investments, you're ahead because of the tax deduction.

On Wed, 10 Jan 2007 22:26:34 GMT, "NOYB" wrote:

Even if you "rent" the money for the same amount that you can earn on
investments, you're ahead because of the tax deduction.

That's true if your investment earnings are taxed at a lower rate or
taxes are deferred into the future. At some point the Alternative
Minimum Tax enters into the calculation also, but that's messy to
figure out.