I’ve always thought I want to keep my ~2.9%/1.9% car loan. This guy is arguing that if I have the cash to pay off my car, I should, because you get rid of your car payment and you would invest the car payment into the market and instead of essentially making an average of 7%, I’d make the 7% plus the 2.9% I’m saving on the car loan. This sounds like it makes sense but I’ve always thought otherwise. Which is correct?
Submitted June 23, 2018 at 10:21PM by Mmmelanie https://ift.tt/2K6tJHq
