Submitted by narcoyouth t3_10q8d30 in personalfinance
narcoyouth OP t1_j6p9dlu wrote
Reply to comment by BouncyEgg in Buy a car loan vs 401k by narcoyouth
Thanks for reply. It wouldn’t be a lot just enough for a 5k vehicle or less. He made it sound like I’d be selling at the high point when I first invested but I guess that really means I’d be selling at the low point now. And even if I pay it back it’s be rebought at a higher price depending on the market. I just need a car to get better job opportunities and go to college that’s an hour or so away. So figured giving up a future investment would be worth it if I can get a better education or better paying job in the long run
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