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Started By
Message
What to do with $9,000?
Posted on 5/2/15 at 8:39 pm
Posted on 5/2/15 at 8:39 pm
Car - $11,950 owed @ 0%
Student Loans - $5,400 owed at 4.8%
$32,000 in retirement
Already investing $850/month between Roth IRA and other avenues
4 month emergency fund already
30 years old
I'm leaning toward paying off the student loans and using the extra $135 a month to invest while using what's left over to invest in Vanguard's Healthcare fund. The car is 0% interest and losing value so why pay it off faster when I can get roughly 7-12% returns in investments right now?
Am I wrong in this thinking?
Student Loans - $5,400 owed at 4.8%
$32,000 in retirement
Already investing $850/month between Roth IRA and other avenues
4 month emergency fund already
30 years old
I'm leaning toward paying off the student loans and using the extra $135 a month to invest while using what's left over to invest in Vanguard's Healthcare fund. The car is 0% interest and losing value so why pay it off faster when I can get roughly 7-12% returns in investments right now?
Am I wrong in this thinking?
This post was edited on 5/2/15 at 8:44 pm
4
Posted on 5/2/15 at 8:41 pm to TDsngumbo
I would pay off the student loans and put the rest in a Roth.
Posted on 5/2/15 at 9:21 pm to TDsngumbo
8950 on black 
Posted on 5/2/15 at 9:34 pm to TDsngumbo
send it to my paypal
Posted on 5/2/15 at 9:38 pm to TDsngumbo
Nailing the student loans is a no brainer.
Posted on 5/3/15 at 6:49 am to LSU1018
quote:
I would pay off the student loans and put the rest in a Roth.
Posted on 5/3/15 at 9:25 am to kywildcatfanone
Pay the student loans off tomorrow and put the rest on the car loan its a no brainer.
This post was edited on 5/3/15 at 10:54 am
Posted on 5/3/15 at 9:40 am to Double Oh
quote:
the rest on the car loan
At 0% interest?
That doesn't make any sense at all
Posted on 5/3/15 at 10:01 am to Powerman
Of course it does.
Debt is de debil and you should never ever have it!!!!!!!1!
Debt is de debil and you should never ever have it!!!!!!!1!
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