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re: Dave Ramsey's advice to pay off a car loan, rather than invest
Posted on 12/31/19 at 1:53 pm to RidiculousHype
Posted on 12/31/19 at 1:53 pm to RidiculousHype
quote:No. It's based on human behavior, not mathematical calculations.
So basically the idea is that, sure, you can beat the 4% interest on the loan with 8-10% investing in the market, but you have to account for the risk that your market investments could return less than 4%, or even go down.
1
Posted on 12/31/19 at 2:06 pm to PearlJam
nm
This post was edited on 5/21/20 at 2:00 pm
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