http://ask.metafilter.com/tags/investiment Questions tagged with 'investiment' at Ask MetaFilter. Wed, 12 Sep 2007 12:58:17 -0800 Wed, 12 Sep 2007 12:58:17 -0800 en-us http://blogs.law.harvard.edu/tech/rss 60 http://ask.metafilter.com/71382/Payoff%2DCC%2Dwith%2Dstudent%2Dloans%2DThen%2Dinvest%2Dor%2Dpay%2Doff%2Dloans I am using extra student loan money at 6.8% (mostly unsubsidized) interest rate to pay off my credit cards (about 25K) worth. What should I do when I get a bunch of other cash? Pay off loans or invest? I will soon be getting $5K cash and will probably get some additional money for freelance jobs, while I am in grad school (MBA). My wife and I would like to buy a house at some point in the next few years. <br> <br> So what do I do with the cash? Invest it (I typically return about 20% yearly on individual stocks...obviously riskier so maybe index fund?) Put it in a high yield savings account? Other thoughts?<br> <br> Some have said I should immediately make payments on my student loan...seems to me if I can beat the 6.8% on the student loan I should save the money for the house.<br> <br> (p.s. lest you think I am irresponsible with the 25K in debt their are valid reasons I won't go into..I am annoyed by it but it was mostly unavoidable) tag:ask.metafilter.com,2007:site.71382 Wed, 12 Sep 2007 12:58:17 -0800 card credit debt investiment loans Anonymous