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Join Date: Mar 2003
Location: Wichita, KS
Posts: 33,169
Quote:
Originally Posted by VincentVega View Post
What is your rate of return on your investments vs the real interest paid (including tax deduction)?

You usually make out in the end by investing instead of wrapping your $$ up in a place to live. Sure I could have paid down my mortgage more this year but I had a ~15% return in very basic investments. It's your $$ of course, do what works for you.

Great news on the job, hope it works out. I'm impressed with you car business, it's something I've been interested in but am more cautious. Well done.
I understand the math, and agree with George about maxing out your 401k match. But when the proverbial crap hits the fan, you can't live in a 401k. And if you suspend your 401k contributions, the bank won't come take your fund from you. It's all about your tolerance for risk, this little adventure has taught me a lesson about mine.
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
Old 12-31-2014, 08:01 PM
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