HDRider
Well-known member
If the cost of money is 3% and I make 10% net after taxes I am very much to the good.It does if all you own is a note.
You are owned by a financial institution.
A good example
According to the Apple's most recent financial statement as reported on January 28, 2021, total debt is at $112.04 billion, with $99.28 billion in long-term debt and $12.76 billion in current debt. Adjusting for $36.01 billion in cash-equivalents, the company has a net debt of $76.03 billion.
Apple now has $195.57 billion in cash on hand, according to the company's fiscal first-quarter earnings report released Wednesday.
That cash and that debt gives Apple $300 billion to play with