Timeline for Saving/investing instead of paying off 0.01% interest student loan. Am I missing something?
Current License: CC BY-SA 3.0
6 events
when toggle format | what | by | license | comment | |
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Apr 27, 2018 at 6:33 | comment | added | Erik | Your tax discussion depends largerly on the country you're located in. | |
Apr 26, 2018 at 21:45 | comment | added | Bob Baerker | Yield is a problematic word. If it's from a CD or MM account, it's Total Return. If from a dividend stock, it's not and if non sheltered, a tax bite may result in a negative return. Monthly cash flow could just as easily be derived from selling off non dividend shares and most likely, incurring less of a tax bite. If this is effectively a no interest loan as stated by the OP, there is no risk involved. I was in the same situation in 1980 with a 3% school loan, earning over 15% from Jimmy Carter MM rates. A simple brainer to pay the minimum on the loan. | |
S Apr 26, 2018 at 14:55 | history | suggested | yoozer8 | CC BY-SA 3.0 |
Typo fixes
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Apr 26, 2018 at 14:32 | review | Suggested edits | |||
S Apr 26, 2018 at 14:55 | |||||
Apr 26, 2018 at 14:12 | review | First posts | |||
Apr 26, 2018 at 14:50 | |||||
Apr 26, 2018 at 14:07 | history | answered | Erik | CC BY-SA 3.0 |