I think it really depends on where you are and what your doing with it. Say someone in their mid forties vs someone in their mid sixties might have a different point of view. Someone entering into retirement vs continuing to work. Someone looking at a 40k bucket vs someone looking at the latest 1.5m work of art on the water. What their portfolio looks like and their current returns.
I am going to be using it for business and my business is going to be paying the note. Wait another year and I'd have enough to pay cash but wouldn't want to do that because my returns are better than the note is costing.
It's a very personal decision based off many of other outlining issues.
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“Try something you could fail at. We all do things that we can comfortably achieve, but rarely do we set the high bar one notch above what we think we can clear, and that’s what’s driving me on here.” Lieutenant Colonel Alastair Edward Henry Worsley MBE (4 October 1960 – 24 January 2016) Explorer
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