PLS 3.17% $3.05 pilbara minerals limited

Most intelligent people know it's foolish to borrow against a...

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    Most intelligent people know it's foolish to borrow against a depreciating asset.
    ie; if you can't pay cash for a car, any car, then walk away, or buy something within your means.

    Borrowing for a rapidly depreciating EV is certainly not an intelligent move, but I guess there's a sucker born every day?

    https://hotcopper.com.au/data/attachments/6320/6320568-bac12326bbd04cec1c8d8eca1b79ba24.jpg


    You can Google the article for yourself.



 
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