Pay Off Debt Vs. Investing
Hello BPers! I have a question regarding debt payoff vs. investing. I currently make a good income with my W2 position, own my home(owe about $178k on the loan), owe about 18k in student loans, and have just recently consolidated all my credit debt to a lower interest Prosper loan. I currently have about $10k left over from that loan and will be getting about a 4k bonus in the next week or so. My question is should I put all that money back on the loan and get it paid off quicker or take that money and find a way to invest the money. I am really interested in getting into real estate investing, but obviously don't have a lot of money at this point. Any advice would be helpful! Thanks!