Should I Invest or Pay Off Debt?

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It’s an age-old debate: Should I invest or should I pay off debt with extra money in my budget?

In this video, Wealth Advisor Ryan Ovenden explains the principles of debt and risk management, as well as providing examples for people on how to approach their financial futures.

Questions answered in this video:

1:03 – Should People Invest or Pay Off Debts?

2:16 – Is All Debt the Same? What About Low Interest Rates?

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Pinnacle Wealth is a Sioux Falls, SD based full service wealth management firm focusing on comprehensive financial planning and the utilization of all financial tools at our disposal to work in concert toward pursuing your goals.

But we feel the more important question to ask is “Why do we offer these financial tools?” rather than “What financial tools do we offer?”

We seek to reduce your financial distractions by taking care of the painstaking details, freeing you to relax, live confidently, and enjoy life. Every financial process or strategy we consider or implement should answer your questions, raise your financial awareness or reduce the number of surprises you experience. To succeed we must carefully listen and understand your financial goals, concerns and even fears and provide potential solutions.

 

Ryan Ovenden is a non-registered associate of Cetera Advisor Networks LLC.

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