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Be very careful investing with loans that aren't cleared in bankruptcy. If you misbalance a portfolio and get overexposed to a downturn you might be throwing aw
by TimPC 8y ago
Be very careful investing with loans that aren't cleared in bankruptcy. If you misbalance a portfolio and get overexposed to a downturn you might be throwing away your entire financial future. Restarting from $0 in bankruptcy is very different than restarting in lots of debt with high interest. Even if this is sometimes +EV it seems worthwhile to pay off the student loan just like it's sometimes worthwhile to buy insurance.
- hinkley 8y agoThat's the tricky bit with student loans, yes. Part of why I opened with 'financial advisor'. With low interest balance transfers and mortgages the math is much simpler.