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RE: Investments of a Risk Taker or Idiot?

in #invest7 years ago

Man, I hope you're on a no-fee stock trading platform with all of those small equity positions.

I really think you should take some time and pay off the credit card balances before you think about adding more investments. Even with cryptos being nuts you're running against a pretty big interest headwind there, and you won't be able to beat it in stocks and real estate.

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I pay it down while investments are up and use it to pay bills on dips to invest more, so far I have done very well as most of the crypto was bought with pot stock profits then cashed out crypto profits to buy mining hardware! Not smart I know but i average paying just $300-$350 yearly in interest while making a few thousand. Lets hope for some major ups so i can pay that card off!