NEW TRUCK!!!

Huntindog wrote:
...But paying off, your 6% loans results in 6% earnings, garuanteed, risk and tax free...

Clearly a false statement. You get zero earnings by paying a loan off. You get a savings of your own money you are not spending. Same as making a decision not to buy a snickers bar, money not spent, zero money earned. What you did do however, was lose the ability to earn potentially significant gains on the money you just spent to pay off that loan. And remember, you still have the ability to pay off the loan any time your gains no longer justify having it. In the meantime, you can gain very real earnings on which I gladly pay the tax, as I laugh all the way to the bank. My tax on 8.59% earnings is less than 2%.