FastSaying

Before borrowing money from a friend it's best to decide which you need most.

Joe Moore

BorrowingMoney

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Before borrowing money from a friend it's best to decide which you need most.
— Joe Moore
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One of the reasons we had the housing market surging ahead was because of the low cost of borrowing money. With mortgage interests rates going up there is some concern some people will be priced out of the market, which in turn will reduce demand for housing ... That leads to lower prices.
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They're going to be borrowing more money at the shorter part of the yield curve. Is that going to push short-term rates higher? It's pretty fair to say that's going to happen.
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You're just borrowing it. It's like money. You're going to die, and somebody else is going to get it.
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A simple fact that is hard to learn is that the time to save money is when you have some.
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