Pay of loan or stay invested?
I would like some opinions please. I have $30,000 in a Credit Union loan and a credit card balance. Approximately, $15,000 in each. I also have $30,000 in various stocks in a taxable Vanguard Brokerage account. Would is be wise to sell the stocks in the taxable account and pay off the loan and credit card bill.
Or…should I just pay extra and pay this debt off the old fashion way through extra weekly and monthly payments. If I chose this option I could easily have this debt payed off by December.
Thank you...
I would like some opinions please. I have $30,000 in a Credit Union loan and a credit card balance. Approximately, $15,000 in each. I also have $30,000 in various stocks in a taxable Vanguard Brokerage account. Would is be wise to sell the stocks in the taxable account and pay off the loan and credit card bill.
Or…should I just pay extra and pay this debt off the old fashion way through extra weekly and monthly payments. If I chose this option I could easily have this debt payed off by December.
Thank you...