In a message dated 11/20/2005 10:49:21 AM Central Standard Time,
anabil007@comcast.net writes:
> I am interested in the TRF loan program outlined in their latest
> catalog. 10% sounds like a good deal to me, much more than my
> current bond fund is producing. Added benefit is you get 33%
> discount on parts ...
> I am soliciting opinions/experiences from you folks, knowing that the
> wealth of information out there is just waiting to be mined.
> Thanks for your input (s)
>
Since I am embarking on a TR3 ground-up I, too, am considering this avenue.
It is not risk-free but I figure that money spent on restoring an old British
car is pretty much disposed income anyway an additional $5,000 lost (in the
very unlikely event of a bankruptcy) is just part of the equation. Remember,
this is a hobby, not a retirement fund. Besides, people have been predicting
the eminent demise of TRF for many years and have been proven wrong all along.
And it is hard to beat 10%.
Dave
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