Quote:
|
Originally Posted by safari
The inerest earned is taxable, but don't forget that the student loan interest paid is tax deductible (in most cases). So this is pretty much a wash.
|
Not if you owe as much as I do.
Also, I realize that disaster could strike anyone, including me, but again, it's all situational. For example, I do not live in Florida or New Orleans, so while the example holds true, it does not hold true for everyone, including me.
I think, in the end, we're all debating for what the answer is, and we all have different ones... but that sounds about right to me because I honest believe that it depends on what your risk tolerance and what your perceived probability of being exposed to any certain kind of disaster is.
That's all.
