u/Large-Economics7600

If you just found out about the SMH etf, would you buy it?

46F with 3 outstanding loans with a balance totaling $21,500 and interest rates ranging from 5.41% to 6.41%. I have voluntarily resumed payments since last July of just over $600 a month. Still on SAVE, haven’t picked a new plan yet, although with my current income, I think my new payments will be around $800 on RAP.

While the balance is not high and I would like to pay them off as soon as possible, I also have been finally making decent progress investing and my retirement, after being the sole provider and a single parent for many years.

I’ve read about the student loan interest elimination act, and hope it passes and finally fixes the disaster that high student loan interest has created, but I don’t know what will come out of it.

I’m currently weighing (1) continuing to pay off my student loans as fast as possible (and then likely switching to RAP); with (2) trying to lower my interest rates to be able to make lower payments and invest more instead. The market has been booming so I’d like to keep investing as much as I can to hopefully retire one day (i’ve never had a 401(k) offered by an employer, so it’s all on me).

What’s the lowest interest rate I could secure for the loans? What are my options? Any need tips and suggestions are greatly appreciated. Thank you.