Unloading a time shareRefinance now or hold out?Good debt vs. bad debtGetting a lower mortgage rateDebt snowballTo mortgage or notWhat to do with inheritanceDebt settlement good or bad?Unhappy about CD ratesShopping for a credit cardMaking payments on two housesWhy invest?Late payment once; rate doublesPay debts or invest?Lenders and collectorsTrapped in an option ARMBad financial adviceTackling debtHelping son with debtWith what's going on in the stock market, should I pay off some debts or invest?Tommy Tommy, The stock market has always gone up and down, but it's nothing to worry about. According to Ibbotson Research, 97 percent of the five-year periods and 100 percent of the 10-year periods in the stock market's history have made money. That said, if you have debt other than a mortgage, you should always get rid of that first before you focus on investing. advertisementRelated Links:What are effects of card debt settlement?Hard times call for hard money choicesLose the high rate, not the credit cardRelated Articles:Mom not kids' crutchLet's make a 'debt' dealPolice: It's your debtprevious question | next question
With what's going on in the stock market, should I pay off some debts or invest?Tommy
Tommy, The stock market has always gone up and down, but it's nothing to worry about. According to Ibbotson Research, 97 percent of the five-year periods and 100 percent of the 10-year periods in the stock market's history have made money. That said, if you have debt other than a mortgage, you should always get rid of that first before you focus on investing.