No. of Recommendations: 1
And does he broker the loan and sell the mutual fund?

I'd try running some numbers -- how much more would you pay in interest? This might be a deal that does give you some $ upfront and cost you a lot more over the long haul.

I'd say a better strategy would be to put any money you can spare toward making sure you have an emergency fund, paying the car off more quickly, and then starting an index fund.
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