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Message
re: It costs a lot of money to live
Posted on 2/1/13 at 2:30 pm to MaesterMullen
Posted on 2/1/13 at 2:30 pm to MaesterMullen
quote:
eta: I might just go ahead and cash out the roth. I need to knock out some credit card debt
Don't do this.
Posted on 2/1/13 at 4:04 pm to PurpleAndGold86
quote:
I might just go ahead and cash out the roth. I need to knock out some credit card debt
PurpleAndGold86
quote:
Don't do this.
Why shouldn't he? Your ROI on paying off credit card debt is almost certainly much higher than the ROI you can get in a Roth.
I think he should do this in a heartbeat. There's no fees or penalties involved and it's better in the long run.
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