I have about 100k in the market. I have been very responsibl...
I have about 100k in the market. I have been very responsible. I have a 5 month emergency fund. I max out my Roth every year. No 401k through my biz, it's crap. I drive a Pontiac Vibe from 2005, which I love. However, I kind of got the itch to buy a new car at 30k.
So, cash for the whole thing, or is the loan at 3.5% a better option. I suppose my 30k in a sp500 would do about 7% a year. Opinions plz!
So, cash for the whole thing, or is the loan at 3.5% a better option. I suppose my 30k in a sp500 would do about 7% a year. Opinions plz!
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Jayishere : I think we should be more cautious. We cannot accurately predict the direction of the stock.