Debt vs. savings: the priority?

Debt vs. savings: the priority? If one has, say, 50k in muni bonds, earning about $2000/year (a guess) tax free, but one also has the same amount in debt with a minimum payment of $850/month, doesn’t it make the most sense to sell the bonds and kill the debt and interest expense, since the debt’s interest “outperforms” the growth of the bond? Edit: to clarify - the debt for th...

Visit Direct Link

You Might Also Like

Post comment