TopHot
Should I sell stocks to pay down car loans?
Should I sell stocks to pay down car loans? Currently have 2 car loans: Owe $4000 at 6.4% on Car 1 and $24000 at 8% on Car 2. I have $7500 in stocks and $20000 (5 months expenses) in savings/emergency account. Should I go ahead and pay off Car 1 without touching stocks/emergency fund or should I pay off Car 2 by selling stocks and using most of the savings? I’m also saving around $1000 a ...
Category:
