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What to do with end of year bonus
Posted on 1/15/17 at 12:52 pm
Posted on 1/15/17 at 12:52 pm
Trying to decide whether to simply invest a certain amt each month to DCA, or pay off low interest loans (i.e. Car loan and work "investment" loan), or to put large amt towards mortgage. None of the rates are higher than 4.1%.
TIA
TIA
5
Posted on 1/15/17 at 1:14 pm to quadfest
Not enough info. Amount of bonus, amount of debts, emergency fund status, retirement progress, etc before anyone can offer accurate advice
Posted on 1/15/17 at 3:48 pm to quadfest
quote:tell me more
work "investment" loan
This post was edited on 1/15/17 at 3:48 pm
Posted on 1/15/17 at 3:57 pm to quadfest
Pay off the vehicle and use the rest to get that personal loan down to 10K... Or vice versa, depending on the interest you're paying. Then, just use the money you would be paying on those notes to get further into the market.
Posted on 1/15/17 at 8:35 pm to quadfest
Have you thought about putting in a pool?
Plus if there's enough left over, you could fly us all down there to help dedicate it.
Plus if there's enough left over, you could fly us all down there to help dedicate it.
Posted on 1/16/17 at 2:20 pm to quadfest
(no message)
This post was edited on 8/22/17 at 2:42 am
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