Lexus Fanatic
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Many stocks are incredibly cheap right now. The market has bottomed out and we have been stuck in the 8000 range on the Dow for quite some time now. If I had the extra cash at the moment, I'd be buying up stocks left and right.
I agree to some extent, the stock market has some opportunities today. Nobody knows exactly where the bottom is and finding the absolute bottom is not required for investing.Originally Posted by Buds
See its this kind of pessimism that's bringing this country down. Many stocks are incredibly cheap right now. The market has bottomed out and we have been stuck in the 8000 range on the Dow for quite some time now. If I had the extra cash at the moment, I'd be buying up stocks left and right.
I consider my 401k/ROTH contributions enough investing for me.... I'll keep you posted. Can't wait to pay off the car and save up for the M5!
Driver School Candidate
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a dollar today will not be worth a dollar tomorrow.
imo, save your money and continue to pay off your 2is.
you never know what might happen in the next few months; better to play it safe than to get into financial crisis.
It hsould also be said that tomorrows dollar will likely have less buying power than todays dollar.Originally Posted by projectdna
cash is king.a dollar today will not be worth a dollar tomorrow.
imo, save your money and continue to pay off your 2is.
you never know what might happen in the next few months; better to play it safe than to get into financial crisis.
John
Lexus Test Driver
i'd throw say 5 grand towards the loan, then keep the other 5 grand in savings. yea you don't get rid of your loan, but you still have cash in your pocket, and you won't think you'll have more money than you really do
So I decided to do it! Tomorrow is my 26th birthday, and my present to myself is to pay off my car, which is more gratifying than anything else I can think of. Can't wait to actually own it... 