re: What to do with end of year bonus

quote:

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My interest rates for these are 2.9 and 3.75. Is there an argument to be made for these being "good debts" with low interest rates, and instead of paying them off, just invest the money in vanguard, esp if avg 8-10% returns.

I have been putting an extra $50 towards the car each month an extra 300-600 each month for the $50K loan.

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There's an argument, sure. I just don't find it that convincing. If we weren't at all time highs in the market right now, I'd probably give that approach some serious thought. Obviously, you're going to be fine regardless, but I prefer to keep things simple. Do you think older you would look back and wished to have a car note or this other debt?

Again I ask, if you didn't have the car loan or the other, would you go borrow 70k at those interest rates to put that money in the market? I don't know anyone who would. That's the decision you're making.