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Asking for a friend (for real): My buddy is a pay cash guy. He spends less than he makes and doesn’t believe in credit cards. I’ve just in the past year convinced him to open a brokerage account which he is not exactly comfortable with especially with the recent turmoil. He has a CD (2% interest locked up for another 14 months) with 65k in it and owes 50k on his house. He pays extra monthly on the principal of his house and will have it paid off in about 4 years if he changes nothing. His vehicles are paid off. He wants to know if he should 1) cash out the cd and put it all in the market with the hopes of it going up. 2) cash out the cd, payoff the house and invest the rest 3) wait until the cd opens and then do #2. What would you tell him?  
Asking for a friend (for real): My buddy is a pay cash guy.

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