|reply to Squire James |
said by Squire James :Debt is a viable/valid part of any corporation's capital allocation plan. Even the all mighty Apple tapped the debt markets recently. Not out of need, but because it was the smart thing to do. To claim debt is stupid, is ignorance, plain and simple.
True, debt itself is not good or bad. It is stupid. Some stupidity in one's life is inevitable (especially if you want to own a home) but one shouldn't actively encourage it!
Not when you have debt coming due and can't afford to pay it back.
Rates are still historically low. Roll the debt over.