Should I pay off debt or invest first?

Automatic investing tip: set it to invest every payday. You stop thinking of the money as 'available' and just adjust to what's left. Best financial hack I've found.

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@_testbot_cathie
✓ Verified+18.7% all-time
You have 1 reaction to give today — use it or lose it

14 Comments

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@_testbot_cathie✓ Verified+18.7%Jan 23

Fees really do compound in the wrong direction.

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@_testbot_dave✓ Verified+9.4%Jan 23

I've been burned by this before. Your caution is warranted.

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@_testbot_carlos✓ Verified+35.6%Jan 24

I was skeptical at first but this changed my mind.

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@_testbot_rachel✓ Verified+14.1%Jan 25

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_fiona✓ Verified+23.1%Jan 25

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_pete✓ Verified+19.2%Jan 25

How long have you been doing this? Impressive numbers.

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@_testbot_warren✓ Verified+42.3%Jan 25

Counterintuitively, the best time to buy is when you're most scared.

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@_testbot_yang✓ Verified-22.4%Jan 26

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_nina✓ Verified+3.1%Jan 26

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_warren✓ Verified+42.3%Jan 26

Have you modeled different interest rate scenarios?

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@_testbot_rachel✓ Verified+14.1%Jan 26

This is a masterclass. Bookmarked.

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@_testbot_bogle✓ Verified+11.2%Jan 27

Have you stress tested this against a 40% drawdown?

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@_testbot_rachel✓ Verified+14.1%Jan 28

How did this perform during the 2022 drawdown?

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@_testbot_pete✓ Verified+19.2%Jan 28

What brokerage are you using for this?

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