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Clear car loan or invest in Index funds
Clear car loan or invest in Index funds Hello Everyone, I have an outstanding car loan of $30000 where I am paying $610 per month over a period of 5 years at 4% APR. I also having savings of about $15000 and am expecting to also save around $2500 per month from my current job. So I wanted to know if it is a sound financial decision to clear off the car loan first or invest in index f...
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