4 ms·
Most brokerages are now commission free, and even if you had to pay $10 per trade you are again overthinking things unless you planned on day trading which it d
by tempsy 7y ago
Most brokerages are now commission free, and even if you had to pay $10 per trade you are again overthinking things unless you planned on day trading which it doesn’t sound like you are.
Stop overthinking. It’s costing you a lot of money.
- falcolas 7y agoWith all due respect (and frankly the smug superiority is causing any due respect to plummet), what part of "I don't have money to invest" do you not understand? Paying off debts is providing a lot more bang for the buck than any other investment.
- tempsy 7y agoI saw the past tense “didn’t” and assumed something changed. I don’t know what your interest rate is on debt but the market returned 30% last year. If you have an interest rate that is lower than, say, 6-7% then it’s not clear that paying off debt is necessarily better than investing.