I have $15,000 of student loans that i didnt need and can pay right now and skip making payments for 10 years with a $5,000 interest.
The other option is keeping it to invest and hoping i can make over $5,000 with my investment in the next 10 years.
The easiest option is the stock market regardless of tax.
Thoughts?
Edit
•Yall the interest rate is 6% hence why i said $5000 interest in 10 years.
•I have emergency funds. I am not worried about not being able to make monthly payments. Im more than capable.
•Im not going default on loans where did i even say i was?
• i want to use the loan to make more than $5k possibly tripling it. Ive been doing stocks for a while and i know i can make $5k in 3 years or less. The difference is using a loan vs my savings
Any other questions?