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Old 12-14-2006, 01:49 PM   #23
wigsite
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Join Date: Jul 2004
Location: Delaware, Ohio
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Re: Prob selling the mach! Black 03 49k in MASS.

Quote:
Originally Posted by substanger View Post
Smart man!!

Just think if you invested that monthly payment in a mutual fund that earned a modest 10% over the next 30 years or something, and drove used cars that you paid cash for.

I don't know what the exact amount would be, but depending on your investment ($350 a month), the term, and the interest rate, you'd have over a couple of million dollars at retirement. Think about that!!
$791,170.77 to be exact.
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