- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Little Back & Forth On Taxpayer Bailout Of Student Loans On Local CBS Atlanta News Today
Posted on 8/24/22 at 9:46 am to onmymedicalgrind
Posted on 8/24/22 at 9:46 am to onmymedicalgrind
quote:
What if I can put money towards something that has a higher ROI than the interest being accrued on my student loan principle?
Because you can lose your job tomorrow and have to use all of that you invested to pay the loan anyway.
And the market, and economy, can do what it has exactly done these past two years and erase a large amount, if not all, of the gain and there you are.
Plus, more than likely, that extra money for investments is going to eventually find its way into a house, boat, or vehicle payment…. That bears more interest on debt. Probably what has happened in the Rob vs. Robert story in the OP.
1
Posted on 8/24/22 at 9:54 am to CleverUserName
quote:
Because you can lose your job tomorrow
My financial strategy is not centered on this extremely unlikely, doomsday scenario. That’ll lead to bad decisions. My job is secure and in high demand, and I have disability insurance that’ll cover me if I get hurt.
quote:
And the market, and economy, can do what it has exactly done these past two years and erase a large amount, if not all, of the gain and there you are.
The market isn’t the only thing one can invest in.
quote:
Plus, more than likely, that extra money for investments is going to eventually find its way into a house, boat, or vehicle payment…. That bears more interest on debt. Probably what has happened in the Rob vs. Robert story in the OP.
OK man. If you don’t understand the concept that prioritizing paying back student loan debt above everything else isn’t the best long term financial strategy for everyone, than I don’t know what to tell you. Your financial literacy is lacking.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News