When you play the game of loans, you win or you die.

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > When you play the game of loans, you win or you die.

canyoneer: Sep 13, 2005; I only have canyoneyes for you

slap me silly posted:

It's a judgment call, yeah. Having money in the market is risky, plus having debt is a different kind of risky (especially non-dischargeable debt), so personally I would prioritize paying back any loans above 3% or so.

Non-dischargeable and with no asset behind it is where it gets weird.

Max out your retirement accounts or pay extra towards your 4% mortgage? Easy, fully funded retirement.
Retirement savings max or paying down 4% student loan with a high balance? That's not as easy of a decision.

# ¿ Apr 28, 2014 21:36

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# ¿ May 12, 2024 03:20

canyoneer: Sep 13, 2005; I only have canyoneyes for you

April posted:

OP, please come back.

He played the game of loans, and didn't win.

# ¿ May 9, 2014 00:27

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > When you play the game of loans, you win or you die.