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.

previous question |
next question