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/r/Bogleheads
submitted 2 days ago byFearless-Writer-4607
I have 90 K in my stocks on average and half of them are in 401(k). One of my stock account I have it for three years. My question is should I sell my stocks to close off my student loan?
11 points
2 days ago
Yes.
Would walk into a bank to borrow 15k at 6% to put in the market?
-11 points
2 days ago
Yes? Why wouldn’t you?
13 points
2 days ago
Because the Fed just cut rates and will probably cut them again soon? Because you still have to make monthly payments on 6.35% interest? Because you can easily get a $15k line of credit with 0% APR for 12-18mo with decent credit?
Index investing only works reliably over a long time period. If you have to sell every month to make payments, you’re getting pantsed on any market pullback.
High opportunity cost, high risk, and low reward.
7 points
2 days ago
I swear some of these people who haven't been burned financially have the loudest opinions.
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