Re: (Fwd) Asset Allocation for new automobile

From: Elaine Steward <esslady@ix.netcom.com>
Subject: Re: (Fwd) Asset Allocation for new automobile
Date: 1 Feb 1999 13:38:57 -0700

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On 02/01/99 08:48:25 you wrote:
>
>
>--- Forwarded mail from "Ray McKinnon" <mckinnon@hns.com>
>
>From: "Ray McKinnon" <mckinnon@hns.com>
>Date: Mon, 1 Feb 1999 08:37:11 -0500

>should we pay for the automobile out right, or
>finance it? 

I believe in the rule of thumb that inasmuch as it is possible, one should 
never finance a depreciating item.

Elaine Steward

email address: esslady@ix.netcom.com


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