Reply to How Much Would You Spend on a House?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]my god, it's surprising how people are having a hard time figuring out why it makes sense to carry low-interest debt.

if you owe 40 grand in student loans at 2%, it simply makes financial sense to throw (or leave) the 40 grand in the market, which you can expect to yield returns of 6-8%.  using the money to pay a loan that is essentially free money doesn't make sense. [/quote]

Makes no sense to me. We're at 750k/yr and the only loans we have are our home and investment properties.  Paying off student debt was the stroke of a check. Who wants to deal with that? If i really was so hard up to make 8% on 40k vs 2% in interest, i'd do the smart thing and open a no interest credit card and play that game at 0%, but carrying around 2% in debt for a measly 40k in student loans srems like a waste of my time.[/quote]

Ehh. It is on auto deduct. I don't even know who services it and would have to track that down to pay it off. Just not a big deal. [/quote]

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