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Author: cable666 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308541  
Subject: Re: Stock Options to Pay CC Debt Date: 7/6/1998 7:46 PM
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I would try to pay it off. Think of it this this way. What kind of return would you have to get on the CMB stock to beat 13.5% after taxes? A lot! Well over 20%. That 13.5% rate is guaranteed. The 20%+ return on stock is iffy. Bet on paying off the debt.

Besides, if you pay off the CC you can put some of that $550 a month in a Roth IRA and start letting it grow tax free. That will beat CMB stock over the long term.




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