- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Paying off car faster than normal monthly rates
Posted on 3/16/15 at 2:36 am to Volvagia
Posted on 3/16/15 at 2:36 am to Volvagia
quote:
But its guaranteed!!!!
You cannot lose money on interest you don't pay on money you don't borrow - at the end of the day, not taking out a loan or eliminating it early IS a "guaranteed" return, in that it avoids a negative return. In the real world, that is the same thing (although it generally doesn't compound the same).
1
Posted on 3/16/15 at 8:37 am to Ace Midnight
It's not that it isn't guaranteed.
It's that while it ISN'T guaranteed, you can easily earn double that rate in returns in an index fund over a longer period of time.....and it is a pretty safe bet to assume as such if you can just let it ride for a couple of years.
Opportunity costs, opportunity costs, opportunity costs.....
It's that while it ISN'T guaranteed, you can easily earn double that rate in returns in an index fund over a longer period of time.....and it is a pretty safe bet to assume as such if you can just let it ride for a couple of years.
Opportunity costs, opportunity costs, opportunity costs.....
This post was edited on 3/16/15 at 8:44 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News