No. of Recommendations: 0
At 9% guaranteed return I'd recommend paying off the loan first before investing unless you have a pretty good track record of being able to return substantially above 9%.

That said, I wouldn't do either unless you have a really solid cash emergency of fund of around a year's worth of living expenses or until you find a new job. While you might be able to pull money out of an investment if you need cash, once that money goes to pay off a loan it's gone. Usually that's a good thing but not when your near term cash flow situation is in doubt.

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