I graduated with a professional degree several years ago with heavy student loan debt, over $200,000. I have refinanced that debt at a variable interest rate that is just under 4% right now with five years left to pay off. The balance is $125,000 right now.
I have $50,000 in 401k, $20,000 in checking/savings. Another $10,000 I put in crypto (that is $25,000 today but fluctuates highly of course).
Would it be a terrible idea to start a fidelity account putting in $1,000 a month, rather than throwing that $1,000 to student loans?
If I am laid off, I would feel a lot more comfortable with access to money rather than a low student loan balance, given that I could refinance those at a longer term (say over 10 years).
Submitted October 29, 2017 at 12:05PM by Itty_uh_Mean_Dada http://ift.tt/2z14JdY
