BOBOT
Recycles dryer sheets
- Joined
- Aug 17, 2006
- Messages
- 478
We're the proud owners of a new heat pump system to the tune of $6500 (Uncle Sugar will kick in $1500 against next year's taxes). We charged it to our Amex, which we always pay off in full to avoid interest and get the cashback, but to do that this month we'll need to a) pay it with $$ from our portfolio (probably the MM or short-term bond) or b)tap our heloc at prime rate & pay that off in x months - this would probably require trimming DW's monthly 403b contributions until the heloc is paid off.
Pros/cons? Other ideas? None of these options would present a difficulty, we're just loking for the most rational approach.
Pros/cons? Other ideas? None of these options would present a difficulty, we're just loking for the most rational approach.