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Sunday, October 1, 2017

My debt situation on date of September 29, 2017

$100 930.54  at 4.25% = $4 289.55 in annual interest 


[In date of September 30, 2017]

3 comments:

Anonymous said...

Have you ever thought of using some of your gains to get rid of your debt? You could then use the annual interest cost savings to purchase more stocks and further enhance your annual dividend income and net worth.

frederic said...

are you sure about that 4.25% rate? TD raised the rates to 4.750%
https://www.td.com/ca/products-services/investing/td-direct-investing/accounts/rates.jsp

and it's going to be raised again later this year

Sunny said...

I invest on margin sometimes because I dont't make enough to cover both all of my living expenses and invest. Eventually, I should look at paying down that big fat margin.


Hi Frederic,

Thanks for catching up. I didn't check yet, but I think you are unfortunately right ;(

 

Thank you

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