Investing vs. Paying Off Loans: CNBC Explains
Choosing where to put your money is one of the most important decisions you can make. When you have the option to invest or to pay off debt, which do you choose? Salman Khan of the Khan Academy outlines the best ways to get yourself into good financial shape.
From this video, you’ll understand:
- How do you estimate effective interest rates?
- The rationale behind personal capital allocation
- How to identify the investment that will get you the biggest return