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Loan and Invest?

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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

Comments

  • Loan for what? Motorhome or investing?
    Why get yourself into debt when you do not have to?
  • 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
    DCFC79 Posts: 40,641 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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.
  • 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.
  • TripleH
    TripleH Posts: 3,188 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    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?

    May you find your sister soon Helli.
    Sleep well.
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