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Thread: Debt can be a good thing?

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  1. #1

    Debt can be a good thing?

    Debt can be a good thing? I've heard when there's a lot of inflation such as right now that debt can actually be a good thing to hold. What do you think of this? In some cases can debt actually be a good thing to have?

  2. #2
    There is good debt and bad debt. Good debt would be purchasing assets and investments that will yield you a return. Bad debt would be borrowing for liabilities that do not yield a return.

  3. #3
    Member
    Join Date
    Mar 2013
    Location
    Houma, LA
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    31
    Derrick was right. Debt can be a good start to build a business. Just make sure you know what you are doing in order to avoid trouble in the future.

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