Quote:
Originally Posted by AlexN
Because at my age I still have at least 50 years with which to use whatever I get into debt for..
I wouldn't get into debt for a holiday, a car, a big television or anything like that, these things dont really interest me enough to warrant borrowing money I dont have to do it. If I have the money, sure a holiday is always nice... But I wouldnt borrow to do it... I have a lot of friends who would or have done... I do not have any friends who would go into debt for astronomy equipment.. Way I look at it, if I get into debt for a 23 acre block of land under dark skies, it would be a waste of my time not to have an observatory, and a serious imaging system.. Because that's what Im buying the property for..
You wouldnt go on a holiday without buying whatever currency you need to spend there?
I know, I sound young, maybe even stupid to some people, and frankly, I am young, im not the best with money, I love money, because i love to spend money. And should the property i mentioned earlier end up mine, you can bet your bottom dollar there will be a paramount and either a whooping big RC or a serious APO with a large format CCD planted in the back yard...  |
I think that getting into debt within reason can be a good thing when times are good but I think that the current world economic situation is a bit dodgy and it may be time to be prudent for a while and see where the chips fall I am not sure we are through the worst of the GEC I may be over cautious but I think the world could use a little more caution at the moment. We need time to learn from the lessons of the past Decade.