I have $20,000 in loans and i want to invest, should i pay off my loans or do both at the same time?

i graduate from college this december and i want to get rid of my loans but at the same time i want to invest my money to obiously become really wealthy. i need some proffessional advice because i'm thinking instead of giving $400 to pay off my loans a month i'd rather give $200 and invest $200 in stocks, mutual funds, or maybe in a money market.

Would you go borrow 20K to invest with? Same thing.

I'd pay it off. Otherwise you are just spending more by extending the life ofthe loan and paying more interest as time goes by.

How do you plan on investing? check out www.wiethopenterprises.com to see if that company would spark your interest in investing.

This is a tough question, because there's no way of knowing what kind of return you'll have on any investment you make. If you have very low interest rates on your loans, and can invest in a secure investment with a higher potential pay off, maybe try it for just one of your loans.

Also, make sure to shop around for your investments. I just opened a savings account at etrade with a 5.05% return, no risk.

pay off ur loans

If your have a high interest rate on your loans, then pay off the loans. But if you are lucky and you have a minimal or low interest rate, DEFINITELY invest. Too many people are afraid to invest and fear will only keep you down. Be sure to check out your interest rates but when you have an opportunity to invest, DO IT!!!!! You may also get extremely luck and be able to pay off your loans after investing, so always weigh the good and the bad, but if you do your homework and you know everything up front, you can never turn down a great investment!!! Good Luck!