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What to do with excess cash?

Pay off debt or invest in the stock market?

Pay off debt or invest in the stock market?

When people have some extra cash, they often ask themselves "Should I invest this cash or should I use it to pay off my debts?" The answer to this question is fairly simple - which option is most likely to pay you more?

The average annual return on investing in the stock market has been about 10% over the past century. Therefore, you may want to invest in the stock market if the annual cost of your debt is less than 10% of what you owe. Vice versa if you believe the annual cost of your debt will be greater than 10%.

Use our calculator to find out!

Calculator