Pay off debt or invest?

Hey Jeremy, I’m listing my condo for sale this week and expect to net ~$30-40K after the sale is all said and done.

I’ve been going back and forth between the following 4 options

  1. Use all of the money to pay off existing car loans. My wife and I own two cars with about ~40K balance remaining at a 3.9% rate. The condo money could go straight to paying these off
  2. Invest the money in my brokerage account. From a pure numbers perspective, this would likely net me the most money in the long run
  3. Combo of 1 & 2 (no explanation needed)
  4. Keep money in a HYSA and available for another down payment in the next few years

What do you suggest? Thanks for all you do! Looking forward to joining tonight if I am able, otherwise I will view the recording.

-Tim Titsworth

I’ll cover this in tonight’s office hours (4/28/2021) with the recording available afterwards on the course site!

If you’re not signed up for office hours, you can sign up here.