(Fwd) Asset Allocation for new automobile


From: "Jeff Salisbury" <jeff@csd.sdl.usu.edu>
Subject: (Fwd) Asset Allocation for new automobile
Date: Mon, 1 Feb 1999 08:48:25 -0700

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- --- Forwarded mail from "Ray McKinnon" <mckinnon@hns.com>

From: "Ray McKinnon" <mckinnon@hns.com>
Date: Mon, 1 Feb 1999 08:37:11 -0500
To: owner-persfin@lists.xmission.com
Subject: Asset Allocation for new automobile

I have a general question. My wife and I have been fortunate to
save money to pay cash for our next automobile ($20,000). Our
investments are doing well, and college saving for our son
is on target. We also have a rainy day fund. Our only debt is
our home. Now, should we pay for the automobile out right, or
finance it? and invest the monies. We have formulated a answer
for our selfs, however we were wondering what other families
would do in this situation.


Thanks for any suggestions.... RMckinnon


- ---End of forwarded mail from "Ray McKinnon" <mckinnon@hns.com>

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