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I'd include a lot of the cc crowd as well. I have a relatively large CC balance only because I almost always get >15% returns (my cc rate) in the market. Every
by engineer1121 5y ago
I'd include a lot of the cc crowd as well. I have a relatively large CC balance only because I almost always get >15% returns (my cc rate) in the market.
Every once in a while I roll it over to a personal loan but if you are good at investing there's no worry about 15% interest when your main trading account is up 30%+ YoY.
- Rebelgecko 5y agoI can't imagine that many people are able to maintain 30% growth over and extended timeline.
- niij 5y agoYou'd rather gamble on >=15% returns rather than just pay off that debt and get an immediate 15% savings? That may work in the short term but bull markets don't last forever.