squeaky88th <squeaky88th[at]yahoo.com> wrote:
- quote -

Sell the piano. :-)

OK, maybe you need the piano for your job.

If you have any long-term bonds, sell those. Otherwise, pay it off in
installments.

--
Ron

In article <RmJEc.30370$Av3.20309[at]nwrdny01.gnilink.net> , squeaky88th
<squeaky88th[at]yahoo.com> wrote:

- quote -

5.25 is a pretty good interest rate, so long as it is fixed. If it
is adjustable, then you likely have a little surprise coming based
on fed rates going up yesterday. Even at 6% this isn't that bad.

If you are happy with your investments, and you have cash flow to
make the loan payments, then leave things as-is and make the payments.

If these stocks and funds are in a 401K, IRA, or other retirement
fund, then do not touch them under any circumstances. Those are
there to buy food when you are old and unable to work any more.

-john-

--
================================================== ==================
John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
================================================== ==================

I used my home equity line of credit to buy a piano. I can sell all my
stocks,
mutual funds and index funds to pay it off. Should I pay it off all at
once, or
in installments? The line of credit rate is 5.25%. The reason I ask is
that so
far, my investments have been doing well and I'm hesitant to get out.

Thanks in advance.