4 ms·
Are you talking about 200 dollars or hundred thousands? I've been asking what to do with our ~100k/yr profit, thinking putting payment toward my 4% interest lo
by robertAngst 8y ago
Are you talking about 200 dollars or hundred thousands?
I've been asking what to do with our ~100k/yr profit, thinking putting payment toward my 4% interest loan.
I don't know if I can beat 4% next year.
- deanmoriarty 8y agoI have ~$1.5M (USD) invested according to what I said (80/20 equity/fixed, and the equity portion 50/50 us/ex-us), representing 99% of what I own. I contribute about 150k/yr to the same allocation, via normal savings. I do that in good times and bad times, no matter what. If I were in your shoes, I would evaluate what is the 4% for: if it's for a mortgage, I'd keep it (you get a tax deduction after all). If not, it's essentially a tie: I'm fairly comfortable assuming that over the long run my above portfolio will beat 4% IRR, but at the same time getting a guaranteed 4% return by paying that non-deductible debt is not bad either.