Thanks miles.Just looking to keep the cash in the investments as...

  1. 13,575 Posts.
    lightbulb Created with Sketch. 567
    Thanks miles.

    Just looking to keep the cash in the investments as long as possible.I talked to a tax office rep the other day and they seemed to imply the interest was 12% compounded daily.If this was the case you probably wouldnt want to owe for much more than a few months as compounding tends to reach a threshold at the 3 to 4 month mark where the debt begins to become fairly significant in relation to the principal amount.Thats all assuming its compounded daily.

    d.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.