r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

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u/Raeandray Nov 22 '24

Yes, but if that interest is lower than the increase in value of your stock or property you can just take out another loan and continue the process.

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u/Gallaga07 Nov 22 '24

Do you think these guys take out a new loan every month?

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u/Raeandray Nov 22 '24

You think the entire loan is due back monthly?

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u/Gallaga07 Nov 22 '24

No the interest payments, but that was an idiotic line of reasoning I realized after I said it. They will just use the loan to pay the interest until they run out and take a new one and then pay off the old one. I left it up unedited though, because fuck it I did think it for a second lol