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Pay Off Student Loans and/or Invest in Taxable?
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Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53357718 added 09-20-2012 11:39 AM by hcazualcc in Archived Deals
easy to see why you're butt hurt. you made an awful recommendation. earn 3% and pay 6%. sounds like a winning plan to me. 15 months is way too much with $50k debt at 6%.
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53357962 added 09-20-2012 11:49 AM by jmag034 in Archived Deals
agreed
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53360414 added 09-20-2012 1:25 PM by Dem Bums in Archived Deals
Say you average an extra $5,500 each month. You could pay off all of your loans in 10 months. This is a no brainer to me, I'd love to be in your shoes.
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53355408 added 09-20-2012 10:22 AM by PiratesSayARRR in Archived Deals
OP never suggested investing in CDs
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53354012 added 09-20-2012 9:29 AM by travathian in Archived Deals
I'd just work on paying off the student loans asap. They are a guaranteed cost, and the 30 year loan you can end up reducing that cost by paying it off early. Where as investments are not a...
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53355822 added 09-20-2012 10:35 AM by hcazualcc in Archived Deals
i never said the op suggested investing in cds...read the post prior to mine
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53353096 added 09-20-2012 8:50 AM by vaultaddict in Archived Deals
I'd have it all paid off in 3 or 4 months in your situation. No question about it.
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53343790 added 09-19-2012 10:06 PM by SVT in Archived Deals
Emergency funds = I have about $23k in cash in savings and checking combined which equals about 15 months worth of expenses currently. Debt: School loans only - $37,110 @ 6.00% fixed for 30...
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53357408 added 09-20-2012 11:27 AM by travathian in Archived Deals
You're clueless, just stop posting please. The CDs aren't an investment, they are a means of getting a slightly better return on money you need access to on relatively short notice. Money that if you...
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53357312 added 09-20-2012 11:22 AM by hcazualcc in Archived Deals
not necessary in back to back posts. e.g. - this post. drop the meaningless argument.
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53386472 added 09-21-2012 3:23 PM by SVT in Archived Deals
Thanks for the replies.
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53354728 added 09-20-2012 9:58 AM by hcazualcc in Archived Deals
15-months of savings seems generous unless you're buying a house in the near future. i'd scrape it down to 7 months and put the remainder into the 6% loan. No point in investing in CDs that will...
Pay Off Student Loans and/or Invest in Taxable?
Expired
Thread created 09-19-2012 by SVT
0 Score 12 Replies 1,903 Views
Post #53356088 added 09-20-2012 10:43 AM by PiratesSayARRR in Archived Deals
I did....you should have quoted him...just makes a bit more sense that way.

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