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02-19-2024, 06:02 PM
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Sage
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Join Date: Aug 2016
Location: village of Fenney, Ford City, Pa., and Hudson, Ohio
Posts: 4,672
Thanks: 6
Thanked 4,894 Times in 1,681 Posts
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Quote:
Originally Posted by ElDiabloJoe
I'm no expert or financial whiz, but this makes sense to me. Set up an investment account, like a low-cost S&P 500 matching fund, and put the money for your bond payment in there. Then set it up to auto-deduct/auto-pay the bond payment.
Now you keep the balance earning returns while the bond is automatically paid without a thought from you.
Once the bond is paid off, you keep whatever returns remain.
Sounds like a plan to my novice ears.
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After taxes of course.
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