Are you talking about 200 dollars or hundred thousands?
I've been asking what to do with our ~100k/yr profit, thinking putting payment toward my 4% interest loan.
I don't know if I can beat 4% next year.
I've been asking what to do with our ~100k/yr profit, thinking putting payment toward my 4% interest loan.
I don't know if I can beat 4% next year.
If I were in your shoes, I would evaluate what is the 4% for: if it's for a mortgage, I'd keep it (you get a tax deduction after all). If not, it's essentially a tie: I'm fairly comfortable assuming that over the long run my above portfolio will beat 4% IRR, but at the same time getting a guaranteed 4% return by paying that non-deductible debt is not bad either.