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I have no idea what is appropriate for you. If 32,000 were to come my way right now, I would currently put 15,000 into paying off an apartment loan (investment apartment) and invest 15,000 in $MAIN. Why? Because it fits my strategy for wealth accumulation.
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@7Trader Why do you want to pay off a loan which has 1.x% or 2.x% interest and you even get 3.x% interest on time deposits.
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@Bboi How do you arrive at 1-2% interest? 3M Euribor alone is currently already at 3.462%, plus the respective premium. So better calculate with around 5%
@7Trader I assumed that you have a good old loan rate for your property.
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@Bboi with the old loans I would not have thought at the time to agree fixed interest rates. Thus, most are agreed with variable interest. In Austria, it was common to finance variable 😉