Pay Off Loan Or Invest is the question that comes to many of us when we have extra money. This episode gets into the details on how we can make a decision for that dilemma. This is in Tamil with English subtitles.
00:00 Intro
00:29 Amortization Explained
03:33 Invest or Pay Off Loan
04:22 Savings on Interest
06:28 Formula
07:36 Modified Formula
07:48 Answer for India
08:12 Answer for USA
09:05 A Question
Calculator:
docs.google.com/spreadsheets/...
Instructions to copy the file:
If you are using mobile, click the three dots in the top right corner, then export & Share and then make a copy. That will copy the file to your account so that you can edit. If you are in a desktop computer, go to File - Make a Copy to copy the file.
References:
www.bankrate.com/calculators/...
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DISCLAIMER:
The content of this video is my own opinions and is for information purposes only. It is not intended as a substitute for professional financial advice. It is only intended to provide education about investments.
Негізгі бет Pay Off Loan Or Invest? / கடனை அடைக்கவா? அல்லது முதலீடு பண்ணவா?
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