Quote:
Originally Posted by Hog's Gone Fishin
If you instead put $50,000 into a stock paying a monthly dividend at 8% and use the dividend to make a loan payment on the car then at the end of 5 years you'll have your $20,000 car paid for and $30,000 left in your stock investment for a total of $50,000
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Who is the company paying a monthly dividend at 8%? I'll put some money into that. I need to start building a car fund anyway.