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Just wait. They'll still be making GTRs in 3 years. How much could that lump sum be if you invested it for three years? At 10% each year, that's $212k.
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04-18-2014, 10:05 AM
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#11 (permalink) |
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A True Z Fanatic
 
Join Date: Nov 2011
Location: Houston
Posts: 12,265
Drives: 2011 370ztt
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Just wait. They'll still be making GTRs in 3 years. How much could that lump sum be if you invested it for three years? At 10% each year, that's $212k. Four years is 230k. 10% is a reasonable rate of return to shoot for. At 10% annually it doubles in 7 years. At 28 your greatest asset is time to let things compound. Use your raise to pay more toward the mortgage if you have to pay it down, but if you're paying under 4% I wouldn't be in any hurry to get rid of the deduction.
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