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mrfuji70
Guest
I currently have a remaining balance of $4100 on a car I bought new in 2005. It was financed with 1% interest and the note is $514 a month. I have approximately $14K in stocks I have bought over the past year in my brokerage account and have done reasonably well since I bought them at very low prices. I am contemplating cashing out stock to pay off the car, but at 1% interest I am not sure it would be worth the trouble, but with the car paid off I could replenish the brokerage account or add the money to my savings. Yes, the market is crap but it's a "buy" time IMO. What would you do and why?