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re: paying off vehicle loan

Posted on 7/3/15 at 9:07 am to
Posted by Gorilla Ball
Member since Feb 2006
11783 posts
Posted on 7/3/15 at 9:07 am to
quote:

pay off the loan. Market returns are not guaranteed. Consider this your cash position. After paying off the loan, dollar cost average into a low cost mutual fund by sending the same dollar amount as the loan was to a low cost mutual fund.


thanks everyone - my decision has been made. Debt free besides the mortgage - feels good.
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 7/3/15 at 10:00 am to
Congrats. It's a good way to live.

Now just make sure you stuff your retirement accounts with the money that you aren't paying on the car note.
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