Clean out shit you don't use and start selling, there could easily be 1 to 3k of bs you don't use laying around. Pay off the debt first... Everyone said so it's only natural

What if we’re right? We’re not trying to drag you down into the mud. There’s advice so time-tested that it has become ubiquitous in this community and you should consider that it might be valid.

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OP since your investment account is your only savings dump the options casino 100% that’s the worst part of all this to me.

Let me get this straight.

You’re asking for financial advice in a subreddit dedicated to personal finance. They give you well-thought out, actually useful advice, some of which you don’t happen to like. And then you say that they have their parties in a bunch?

Nah mate. You made poor financial decisions. The truth hurts, and now is your opportunity to take the advice, and make smarter choices.

Do you really think your exit strategy is going to work? You’ve spent a lot of time and research into it…. Like you did for a 9.4% interest car loan?

Welcome to the circus buddy we’ve been looking for a clown.

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Same boat. I was shocked when I got my first big boy chase card a few years ago and my score was almost 100 points more than credit karma.

That’s easily possible if they bought a few specific stocks. Not that’s necessarily a good idea but very possible it happened.

Instead of gradually paying off high interest loans immediately you’re going to pay more by paying them off slowly with interest.

You’re literally just throwing money away by holding on to those loans when you do have the money to pay them off.

Sounds like your pride and ego is preventing you from pulling that trigger, but you do you.

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You clearly have no clue what you’re doing when it comes to finances.

I sincerely hope you don’t have any emergencies come up while you’re waiting to cash in on this “investment opportunity”.

You’re very far away from being able to purchase a home given the information you’ve shared. You needed that debt gone last year.

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Just take a bit of time to think about why literally everybody is saying it's a worse idea to hold your investment than pay off your debt.

Just spend some time thinking why everybody is telling you that.

Same, always been the opposite for me. 20-40 points highers when I get the copy of a credit app

We aren’t mad. This is just not that uncommon of a situation. Someone is in a not great financial situation and found a streak of good luck and thinks they are on the path to success because their last few moves were good. Hoping for the best for your investment and I hope that it turns out the best for you!

You shouldn't try to time the market. What if it all goes against your plans? You're not investing, you're gambling your money away.

Let's say you're making some gains on your "investments". Is it really netting you money against your outrageous interest rates on your debt?

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OP the reason you should sell your investment now is that you will never get a better guaranteed return on your investment than paying off your credit card bills. No amount of research or investment foresight in the equity markets guarantees you 20% + in return, which is more than likely the amount you are getting charged. Also, if you use the investment money now to pay down your CC debt your credit scores goes up substantially. Your goal is get above 750 when you actually apply for a house or your interest rate will be higher for the house which will cost way more in the long run. Unless you absolutely can guarantee you can 10x the investment in the next 2 years. I don't see why you wouldn't use it to pay down every last one of your debts. get a higher credit score. you can always reinvest at a later time.

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I took out a personal loan to pay off two credit cards I had at the time and my outcome was well worth it. I had the loan paid off in less than a year and I only used one credit card for my bills which were on autopay and paid it off completely every month. My credit score increased significantly two months after taking the loan and paying off the credit cards. Additionally, depending on where you look at buying a home, I would suggest looking into a Rural Development Loan. The benefits of this type of loan is comparible to a VA Loan.

Good luck no matter which route you choose!