Quote:
Originally Posted by chassis
Agree with Sephiroth. Furthermore, the gains possible in the stock market come with the possible loss of principal. Paying down a loan is 100% certain.
What rate of return, or difference in your portfolio return vs a market index, is Edward Jones guaranteeing you?
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Correct nothing is 100% certain. That's why you don't pay off long term debt and find a better use for your cash. Anything under 3% is free money.
It's all relative though. Depends what op wants to accomplish in life.