(Topic ID: 133482)

Help me decide. Sell LOTR LE or NOT? Decision at Midnight

By kaneda

8 years ago


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  • Latest reply 8 years ago by nephasth
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#43 8 years ago

If you have to make a down payment on the car just keep LOTR, Felix & you current vehicle.

Why pay finance fees for negative equity?

You want to retire in your 40's right?

With a LOTR right?

#54 8 years ago
Quoted from IdahoRealtor:

It's smart to carry low interest debt. Cash is best put elsewhere. I pay 3% on the house and car. My portfolio gained 17%, not to mention the tax savings on IRA contributions.
@ Kaneda
Bravo dude. You'll soon have the baddest muscle car on the planet to go with the best pin on the planet.

Max tax avoidance on IRA contributions = $5500 yearly maximum right?

That's not much of a shelter or contribution IMO

17% is not sustainable, if it were I don't think annuities would exist.

Im not a tax or investment professional

But I did stay at a Holiday Inn Express

No one buys a dodge to build wealth lol

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