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Did I invest wisely?

Asked by Eggie (5921points) December 5th, 2018

I have received a huge back pay from my job and I needed a car. So what I did was I payed off my existing loan with piece of the money and I invested the rest of the money on shares, increasing my share value. I then took a new loan which was a motor vehicle loan. My question is this, should I have bought my car cash with the back pay money instead?

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