Skip to content

Financeoholic

Financial Independence with Dividend Investing

Financeoholic
  • Home
  • Start Here!
  • Portfolio
  • Dividends
  • About Me
  • Blogroll
  • Contact

car loan

Use a 2% CD to Pay for a 3% Car Loan

March 11, 2020 by Nero Nguyen

That’s right. You heard that correctly. It’s financially better to use a invest money into a 2% Certificate of Deposit (CD) instead of paying off a 3% car loan directly. The math checks out. Buying a $35,000 Car Scenario Here’s the scenario, you want to buy a $35,000 car. Assume the following: 5-Year Term A … Read more

Categories Debt Tags car loan, cd, certificate of deposit Leave a comment

2021 Goals

$0 / $19,500

401(k)

$0 / $6,000

Roth IRA

$0 / $20,000

Dividend Goal

2021 Contribution Limits

401(K): $19,500

IRA/Roth IRA: $6,000

HSA: $3,600

Recent Posts

  • Ten Tax Changes For Real Estate Under Biden’s Tax Plan
  • Dividend Investing Wrap Up 2020 – $17,797.50
  • Student Loan Debt Cancellation – Why I Don’t Support This
  • The Student Loan Arbitrage Play of 2020
  • Stock Market and Elections

Popular posts:

  • Monthly Dividend Income Portfolio – Receive… (5,555)
  • Create Your Own Monthly Dividend Portfolio (2,865)
  • Dividend Investing Has Beaten The Market The Last 16 Years (1,660)
  • Dividend Income Estimator in TD Ameritrade (1,429)
  • Geico Insurance Discount by Owning Berkshire Stock (1,411)
  • Which President Had The Best Stock Market Returns (1,339)
  • Value Investing – Step by Step Guide (1,131)
  • Passive Income Dividend Investing (1,014)
  • Why Do Stocks Drop On Ex-Dividend Date (995)
  • VTI or VTSAX (656)

Categories

  • Credit (2)
  • Debt (7)
  • Dividends (15)
  • Financial Planning (19)
  • FIRE (2)
  • investing (25)
  • Meal Prep (4)
  • Real Estate (1)
  • Review (15)
  • Saving Money (7)
  • Side Income (5)
  • Valuations (8)

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 350 other subscribers

Follow Us

  • LinkedIn
  • Facebook
  • Twitter
  • Pinterest

Search Form

© 2021 Financeoholic • Built with GeneratePress