@ickplant to [email protected] • 9 months agoI'm working on it, ok?imagemessage-square208arrow-up1868arrow-down123
arrow-up1845arrow-down1imageI'm working on it, ok?@ickplant to [email protected] • 9 months agomessage-square208
minus-square@[email protected]linkfedilinkEnglish1•9 months agoWell, you could invest in a stock that goes “to the moon” as they say… But that’s capital gains gambling, as far as I’m concerned. Most interest/dividend payments will be far below what you’ll pay in interest on a loan, with few exceptions.
minus-square@[email protected]linkfedilink2•9 months agoInvesting in the stock market instead of paying a loan is stupidly risky. There’s a few loans that are possible where you could get a rate lower than some savings accounts, but you will only net 1-2% on your money in that scenario.
Well, you could invest in a stock that goes “to the moon” as they say… But that’s capital gains gambling, as far as I’m concerned.
Most interest/dividend payments will be far below what you’ll pay in interest on a loan, with few exceptions.
Investing in the stock market instead of paying a loan is stupidly risky. There’s a few loans that are possible where you could get a rate lower than some savings accounts, but you will only net 1-2% on your money in that scenario.