RE:RE:RE:jmo financingThe vast majority of businesses out there finance from time to time
for various reasons. Even Companies big enough to self finance
do it if it makes more sense than say, cashing in some types of
investment instruments if they can actually finance at a cheaper rate.
And financing costs are expenses which can " written off " against
profit. I once took a mortgage out on a condo because my cash was
in a REIT paying me 8 % on average. My mortgage rate was around
4 %. And mortgage interest was tax deductable to boot. No brainer.
Financing is not evil. It is a useful tool.