Mar 25, 2020
2:20:50pm
2:20:50pm
Has the market crash over the past couple weeks changed your mind about
investing in the market over paying down debt?
Seems like the general consensus has been “why put $$$ toward a 3% return by paying down debt when you can earn a lot higher return by investing in the market.”
At least by paying down debt you’re locking in a guaranteed return.
I know I’ve had mixed feelings about it in the past. My priorities going forward will probably be:
(1) Invest up to employer 401k match
(2) Pay down debt
(3) Toss-up between real estate investment and other retirement accounts
Seems like the general consensus has been “why put $$$ toward a 3% return by paying down debt when you can earn a lot higher return by investing in the market.”
At least by paying down debt you’re locking in a guaranteed return.
I know I’ve had mixed feelings about it in the past. My priorities going forward will probably be:
(1) Invest up to employer 401k match
(2) Pay down debt
(3) Toss-up between real estate investment and other retirement accounts
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- THUNDERDOME69
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- Odysseus
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- Oct 28, 2014
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- Apr 15, 2024
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