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Topic	Dude on WSB paid off his entire student loan balance off with Gamestop stock
harley2280 01/25/21 9:54:29 PM #21:	onedarksoul posted... Considering i had them, yeah i think i do. So it's taxes you don't understand then? You pay the interest every month on your student loans along with your payment, and currently student loans aren't accuring interest. He's not getting any taxes reduced by paying off his loans. In fact there's a solid chance his credit score is going to decrease from paying them off. On top of the extra taxes he'll pay for only holding the stocks for short term. --- Posted with GameRaven 3.6.0_B3 <cite>harley2280 posted [p:949922384] in Dude on WS... [t:79259879]...</cite> <quote>onedarksoul posted...</cite> <quote> Considering i had them, yeah i think i do.</quote> So it's taxes you don't understand then? You pay the interest every month on your student loans along with your payment, and currently student loans aren't accuring interest. He's not getting any taxes reduced by paying off his loans. In fact there's a solid chance his credit score is going to decrease from paying them off. On top of the extra taxes he'll pay for only holding the stocks for short term. --- Posted with GameRaven 3.6.0_B3</quote> ... Copied to Clipboard!
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