Should you invest or pay down debt?

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  • Опубліковано 8 січ 2025

КОМЕНТАРІ • 20

  • @mintedmillennials1118
    @mintedmillennials1118  4 роки тому

    I hope you guys enjoy this video and find it interesting. Feel free to fire any questions off if you have them.

  • @teedup23
    @teedup23 4 роки тому +1

    Great knowledgable info!

  • @relaxationandmotivation8744
    @relaxationandmotivation8744 4 роки тому +1

    Nice video👌💕💕👍️❤️❤️❤️. New fun here see you around.

  • @RoadtoFIRE
    @RoadtoFIRE 4 роки тому +1

    Thanks for the video. We are on a debt-free journey and have 2 car loans we are attacking but one has a low-interest rate so debating on next steps.

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      That is so good to hear, I look forward to following your road to FIRE. What are your current thoughts, whether to pay off the low interest loan or invest? Or around which loan to pay off?

  • @DemetriPanici
    @DemetriPanici 4 роки тому +1

    It definitely was great to see you discuss this topic! I think debt leveraging is important and mattering on the type of loan you have, the interest rate and what kind of investments you can get is important to look at. Great stuff!

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      Thank you Demetri, I think that is a good point you raise about leveraging debt, as long as you can cover the repayments. Then it is a good tool for building wealth.

  • @JessieOpportunityCostInvesting
    @JessieOpportunityCostInvesting 4 роки тому +2

    And you win best background sir! Found your channel with your collab with we think finance. Thanks for sharing!

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому +1

      Thanks so much!! Yes two of my favourite’s right there! I’m glad you liked the collaboration. 😀

  • @graced9123
    @graced9123 4 роки тому +1

    Super helpful. Especially the risk profile rang true to me. Thanks for talking through everything so extensively!

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      Glad it was helpful! The risk profile is so important to understand in order to make an appropriate decision.

  • @DeniseGardiner
    @DeniseGardiner 4 роки тому +1

    Great video on tips in investing or paying down your debt, and helping us decide which way to choose! My choice is paying down debt, as when you retire you want as little debt as possible since funds are not the same as when working.

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      Thanks for watching Denise. I think paying down debt is a great option, especially so you have minimal debt in retirement.

  • @fififinance7469
    @fififinance7469 4 роки тому +1

    I really want to read more. What sort of websites do you recommend for those with a bit of finance reading already under their belt (Great channel thank you!) 😀

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      There are plenty of great websites out there to read, I'd suggest Millennial Money, Financial Samurai or even my new blog ;)

    • @fififinance7469
      @fififinance7469 4 роки тому +1

      @@mintedmillennials1118 Lol i will check out your blog, I have been trying to focus a bit to start on that too but YT can take up all my hustle time! I do have a personal finance channel and would be great to get you feedback, and connect if you like it :)

    • @mintedmillennials1118
      @mintedmillennials1118  4 роки тому

      @@fififinance7469 I use my YT scripts and then flesh out a bit more for my blog posts. I checked out your channel and I like it a lot, I subbed for more content. You had a great explanation of stock splits :)