Originally Posted by NewDArt
Also, I'm not that smart.
For instance - let's say I have $10K in debt and $10K cash to invest.
If I pay that debt, how would I go about investing? Then I would have to save up money over a long period of time - which while it might be "cheaper" from that perspective, it doesn't leave a lot of potential for a return on investment for a long time.
Is the idea that I would instead invest minor amounts of money over time instead, or?
I thought the general notion was that, the more money you have for investments - the more you can expect to get in return through smart investments. Which should mean that I'd be able to pay off the debt eventually without missing a beat in terms of investments.
As for a "fun" account - I think that sounds good