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Benzinga
Benzinga
Business
Marc Guberti

Credit Card Rates Are Sky-High—Should You Cash Out Investments to Wipe Them Clean?

Man,Holding,Several,Credit,Cards,And,He,Is,Choosing,A

Credit card rates are notoriously high, and it's good to pay off debt as quickly as you can. However, one investor has a hot stock that is up by 124% over the past four months. The investor isn't sure if it makes sense to sell the stock and end up with a short-term capital gain to pay off the credit card debt, or if it makes more sense to hold the stock.

That's why the investor asked Reddit for advice. Several Redditors jumped in the comments and shared their thoughts. 

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