facebookShould I start investing now or should I start only after I have fully paid off my student loans? - Seedly

Anonymous

07 Jun 2019

Property

Should I start investing now or should I start only after I have fully paid off my student loans?

I’m a fresh grad who is currently working and is paying off student loans now.

Discussion (6)

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Gabriel

07 Jun 2019

Undergraduate at National University of Singapore

Would suggest clearing off your student loans first so as to minimise the interest payable

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Do both, but a bit more on clearing debts. This is because, interest payable on loan is guaranteed, but investment returns are not.

Also, clearing the debts relieves you from the burden of worrying about it.

Note: do not go into more debt for investments. It does not bode well, coming from someone who tried to leverage for stock investments.

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Brandan Chen

29 Aug 2018

Financial Planner at Manulife Singapore

Investments are non-guaranteed, but interest on your debt will continue to roll.

Ultimately, it ...

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