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That investing the extra sounds good when the market is bullish. But what about in a time like this year? Or 1990? Or 1972-74? That 16% credit card interest really gets larger compared to that market loss.

Paying off the credit card interest is like a "guaranteed" return. You have definitely "saved" that 16% where as the market is an uncertain risk for the short term.

Pay the debt off as fast as you can without killing yourself.

Of course the best time to have planted a tree was 20 years ago. However, one planted today in 15 years will still give some nice shade.

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