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re: Paid off my car today...what next?
Posted on 6/17/15 at 12:55 pm to rpg37
Posted on 6/17/15 at 12:55 pm to rpg37
Keep paying a note to yourself. Set up an auto-draft into a savings account as your car fund. The goal is to be able to buy your next car with cash. But also use this fund to pay for any unexpected high cost maintenance.
Every now and then, consider moving a chunk of the savings balance to a high dividend paying stock with a relatively stable stock price.
Every now and then, consider moving a chunk of the savings balance to a high dividend paying stock with a relatively stable stock price.
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