Talk of The Villages Florida - View Single Post - Pay cash or keep loan? Sorry, kinda wordy
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Old 07-19-2024, 10:53 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by ElDiabloJoe View Post
I am generally debt-averse, however I appreciate that debt can be used as a leveraging tool to create more wealth. So, personal feelings about debt and preference aside, I'm hoping for answers to my examples based on which methodology is best in a fiscal sense as opposed to a preferred sense.
Assuming that you can consistently earn 7 percent on invested money, you should keep all 3 loans to maximize your balance.