Thread: Loans?
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Old 10-18-2012, 07:45 PM
CL&T CL&T is offline
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Join Date: May 2011
Location: New York
Posts: 491
Quote:
Originally Posted by Woody82986 View Post
I suppose this is all relative, but your assumption is wrong and illogical in it's very fabric. Not all successful businesses run with some level of debt.
That may be true but you nor I know what their actual financial situation is as well as what your interpretation of "successful" is. There are some companies that are better financed than others and can afford to take the hit. But even then a smart business person may want to get creative by financing or even leasing new assets and leaving his money alone in investments.

So really the question here is who is the business person or who creates a job for themself cutting grass.

Quote:
I wonder why American Express and Mastercard are debt free with huge cash reserves. hmm. Think about it....
Ok, now I see what's stuck in your craw. Why don't you explain it to us?
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