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The reason for the first question is because that is essentially what I am doing. I have credit card debt at 16.75% (borrowing) and also have a retirement account (investing). Therefore I am borrowing from a credit card to invest in stock funds. I think you are right. It doesn't make sense to hope for investment returns consistently better than the 16.75% I am paying.

The $10,000 pay down was partly facilitated by decreasing my contributions to the retirement account. More money towards zero-the-cards. I want to take that a step further and retroactively invest less, pulling those past funds and sending them to the zero-the-cards mission. Instead of hoping for a good year in the retirement account, those dollars will earn closer to 16.75% this year (less fees/taxes/penalties).

I am looking at taking money from one or both of these:

1. Roth IRAs. In total balance sits at only $10,634. It is probably a no brainer (even with 10% penalty and taxes on earnings) to cash out of these and "do over" with that money. CC rate of 16.49% is in my sights.

2. 457 plan thru work. Balance $138,246 after a gain of 29.06% during 2019. That gain is very much atypical. In fact, I somewhat expect to lose much/all of that gain over the next 12 months, and would like to use some of the money before it vanishes with the 2020 election process. This money would be a loan against the balance at 4.5% with a $24 per year service fee. 4.5% vs 16.75%.

I am pressing forward, busting arse full steam with all of the other efforts that worked in 2019. I don't intend to pay one penny of credit card interest in 2021. All options are on the table.
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