Should I put my student loans money into roth ira?
For this semester I got about 10k for 8% interest and 33k for 9% interest rate. I maxed out the amount I could borrow because I wasn't sure how much I would need and I can always return it. I have about 10-15k left after moving costs and living expenses. Should I put 7k into my roth ira and just invest it? I'm thinking index funds or something big like google or amazon. Index funds typically have a 20% rate so wouldn't I be making money? Also I am aware that you can pull your investments out of roth ira as long as it's your contributions not any profit without penalty. So I can keep the money in there and return the money back later. Let me know what you guys think
u/DragonfruitStatus681 — 9 days ago