Paying Off A Car
Hi Terry,
I would like to pay off my new car. Should I take profits from my investment savings account (not a retirement account) to pay it off or use money from my back savings account that earns next to nothing?
Thanks!
Terry Says
That depends on how your investment account is invested — and your outlook for the market! And how much “liquidity” you need from your savings. Maybe half and half?? That way you’ll only be half wrong in hindsight!
