Posted 1/27/2024 07:35 (#10595574 - in reply to #10595038) Subject: RE: Save on operating interest or invest in mutual funds?
SE IL
8% interest saved is equivalent to 11% interest earned because the interest earned will be taxed (depends on tax bracket). Possibly only the 15% cap gains tax? Either way over the long haul that has outperformed the stock market which I believe is only 7-8%. Your obviously smart and May trade in and out moving stuff around and getting 20% annual on average but by and large 99% aren’t not able to do that.
Save on operating interest or invest in mutual funds?
