3 ms·
Definitely talk to a financial advisor, but most likely he/she will tell you to start by paying off any high-interest debt, put some in savings, and invest the
by byoung2 15y ago
Definitely talk to a financial advisor, but most likely he/she will tell you to start by paying off any high-interest debt, put some in savings, and invest the rest. It doesn't make sense to put that money in an investment earning 1-5% while you have a credit card at 13% and a car loan at 7%.
EDIT: What's with the downvotes without comment? Is it unreasonable to suggest that someone should pay off debt before investing?