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Personal Finance (Not Investing) • Buy in cash or mortgage?

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Buy in cash. Sell your index fund. Buying cash will save you mortgage related expenses which maybe higher than the 3000 in capital gains. So, savings will offset capital gains related tax cost. With your income you can rebuild cash balance pretty quickly. in the meantime you can use credit cards if needed.
Thanks, helpful perspective. Re: credit cards, you just mean that they can serve as a brief backstop in case of emergency. That right?
Yes. They can. If you get 0% balance transfer or purchase offer, these will be even better.

Statistics: Posted by Metsfan91 — Sun Apr 07, 2024 2:12 pm — Replies 4 — Views 344



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