What You Should Do Before Investingby Siam Luu
Pay off your loans and other debts before you start investing. When you have loans, they usually assess a higher interest rate than what you can make on your investments. For example, it is common for your credit card to be charging interest rates of 15% and your investments to make 10% over the long run. You would literally be digging yourself into a hole if you invested before you paid off loans.