> borrowing to finance my spending is more tax-advantaged than selling stocks, since there is no realization of capital gains This already told me all the shor

> borrowing to finance my spending is more tax-advantaged than selling stocks, since there is no realization of capital gains This already told me all the short-sighted kind of stupid I needed to know. Author will need to make the gain one way or another to pay off the debt. Making it in their early years while being a student and in the probable lowest tax bracket of their life would actually be the tax-advantageous thing to do. Moreover financial gains are usually (and shamefully) less taxed than income. So, weird way to put it. Maintaining your estate rather than liquidating in the hopes that your return beats the interest rate is a "why not" (and that's still dubious given that part of the debt is on credit cards that are probably several digits of interest). Putting it out as a clever tax play is idiotic.