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Author: thehendrys Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308369  
Subject: Re: 3.9% until paid off deal. ??? Date: 1/6/2000 4:28 PM
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Thanks for the good advice Mai and lamarama.

We really don't have any debt on our credit cards, and we have been steadily sending about $200 per month to our online investing account. I just thought it may work out good for us to send about $3000 to our investment account so it could start "growing" - hopefully. Then we could send our $200 or more a month to pay off the credit card.

It was a good point you made about there not being any guarantees of 10% returns from the stocks. However, the stocks that we do own (T, KO, Q) are for the long term. The money that we have invested is not our "emergency" money - we have a separate savings of about $2000 for that.

Does any of this information affect your opinions? (As you can tell - I'm leaning toward giving this strategy a shot - but I'm still forcing myself to get the Foolish backing on the matter!)

Thanks a lot!!!
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