Personal Investments • should i pay off a car at 1.9% or invest in a cd at 5.5%

I would pay it off because I simply do not like owing money. That ties you down.

Understandable. Can't argue with emotions.

I look at it this way: paying it off increases your cash flow. You can invest that increased cash flow and eventually have the best of both worlds: No debt AND a nice investment.

That part is not correct. Future cash flow increase comes at a cost of today's assets taken out of the market (or not put into the market) to buy future cash flow.

Statistics: Posted by Hyperchicken — Tue Feb 13, 2024 1:34 pm — Replies 32 — Views 2494

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