Coronavirus Caller: Invest or Pay Off Debt?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.6 • 1.8K Ratings

🗓️ 9 April 2020

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In crazy times like these, is it a good idea to invest your extra money or pay off some debt? That's the discussion with Matt from Nashville. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to the Jill on Money Coronavirus Market Update. It is 426 as we are
0:10.1	recording this on Wednesday evening. Another good day for the stock market.
0:16.5	Dow's up at Dow and the S&P up about 3.5 percent, Nasdack up by 2.6% Russell 2000, the smaller stocks also rising.
0:27.0	Honestly, I'm done trying to explain what happened because I don't know.
0:31.3	I just, I keep hearing, well, you you know the number of daily increases is starting to go down
0:37.3	we're turning a corner I think this is all a little bit too early but okay no problem we'll take it I just don't want everyone to
0:45.0	count on this that to me is sort of the big deal here looks like the
0:49.4	Congress is continuing to move forward with adding another 250 billion dollars to the SBA
0:56.4	loan program, the PPP, which is a terrible name for people on the radio because we sometimes
1:02.0	pop RPs. and what else happened
1:05.1	today I think that's about it oh I guess Sanders dropped out there are some news
1:09.4	outlets that are saying oh that's why markets rally I don't think so I just don't now here is
1:16.7	something very exciting because Mark has figured out yet another brilliant move on
1:22.3	his part that he has been able to wrangle a phone call
1:26.3	guest for us and it's tough to do by the way because my schedule is all over the
1:31.4	place everyone else's schedules are all over the place, so who knows, but we made it work.
1:36.8	Right now we have Matt who's on the line.
1:39.3	He is calling from Nashville, Tennessee, where I just said said to him I was supposed to be for my niece's graduation
1:46.3	But now I'll have to come down and just visit you Matt when this is all over. How are you doing? Are you healthy and well?
1:51.7	I'm doing fine, Jill. It's just a strange time as you can imagine the same up there but yeah everything's going well thank you great I'm glad to hear that so tell me how can we help you out today, I've been struggling this for a while and I'm one of those fools that went to college at the time of my life,
2:09.2	but when I got out of school, I racked up a lot of student loan death and I hadone death and I've been struggling with this ever since then.
2:16.0	But I feel pretty good from a saving standpoint and my question is if I should be
	...

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