How I'm Investing My Cash In This Bear Market
The Financial Samurai Podcast
00:00
What Should You Do With Your Cash?
In terms of paying down debt, I would absolutely pay down consumer debt. Your credit card interest rate is going to go higher with the Fed hiking rates by 3 to 4%, right? So if you've got credit card debt, please use your cash to pay that down and hold and bolster your cash flow. In terms of mortgage debt,I would say don't pay off your mortgage debt. That is just highway robbery.
Transcript
Play full episode
