Can someone with a PhD help me on if I should hold cash instead of paying off debt at 27% apr?
I have 93k in debt and credit cards at 27% apr. Should I sell my stocks and use my cash savings to pay off my debt?
https://old.reddit.com/r/personalfinance/comments/16b5ttr/i_have_over_93k_in_debt_between_different_things/?sort=controversial
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Hey guys should I keep my savings that provide a 2-6% annual return or use it to pay off my credit card debt with a 27% APR? The debt percentage is higher but debt is negative so I think I'm up by 21-25% percent.
@Transgender_spez
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Buy a bunch of silver and shit with the cash then declare bankruptcy make sure to mention rdrama.net in the court proceedings
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Not to mention that capital gains are taxable
He also took on 30k debt for solar panels lol
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Gotta help the Chinese somehow
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