Loan and Invest?

Pipgallop

I have some money from the proceeds of a house sale and I was going to buy a motorhome and then invest the rest.  I’ve found a motorhome now, but I don’t know whether I should use my money or get a loan and invest my money instead.  

I’ve been told that now is the time to get a loan with the low rates, but the benefits, if any, of investing won’t be realised for a wee while yet will they.  

Should I use my cash or invest it? Or is that a silly question?! 

Thanks

jonesMUFCforever

Loan for what? Motorhome or investing?
Why get yourself into debt when you do not have to?

[Deleted User]

Never borrow so you can invest.

EricTrustFund

You'll be way better off with using your own money. It's not like something small like getting a local payday loan. Getting an RV is like literally 1/3 financially of getting a house. Also getting a loan to purchase anything but a business (Without a business plan as well) is incredibly risky.

DCFC79

Pipgallop said:

I have some money from the proceeds of a house sale and I was going to buy a motorhome and then invest the rest.  I’ve found a motorhome now, but I don’t know whether I should use my money or get a loan and invest my money instead.  

I’ve been told that now is the time to get a loan with the low rates, but the benefits, if any, of investing won’t be realised for a wee while yet will they.  

Should I use my cash or invest it? Or is that a silly question?! 

Thanks

Why a motorhome ?
You cant use it anywhere so pointless imo.
And you should never take out a loan to invest it, thats just silly, use your own money to invest.

jonesMUFCforever

DCFC79 said:

Pipgallop said:

I have some money from the proceeds of a house sale and I was going to buy a motorhome and then invest the rest.  I’ve found a motorhome now, but I don’t know whether I should use my money or get a loan and invest my money instead.  

I’ve been told that now is the time to get a loan with the low rates, but the benefits, if any, of investing won’t be realised for a wee while yet will they.  

Should I use my cash or invest it? Or is that a silly question?! 

Thanks

Why a motorhome ?
You cant use it anywhere so pointless imo.
And you should never take out a loan to invest it, thats just silly, use your own money to invest.

Don't worry if you put 'investing' as the reason for applying for a loan it would be automatically declined.

Ebe_Scrooge

Hmmm.  Brand new user, resurrects threads that are well over a year old in order to promote a company?  I'm calling Spam.

TripleH

Ebe_Scrooge said:

Hmmm.  Brand new user, resurrects threads that are well over a year old in order to promote a company?  I'm calling Spam.

Bit early for Halloween. Or maybe it was an amateur necromancer?