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Anonymous
2016-01-12 23:22:17 Post No. 1039121
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Anonymous
2016-01-12 23:22:17
Post No. 1039121
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hi /biz/,
In my country it's possible to borrow money from the government to fund your education at a very low interest rate. So far, I've borrowed about 25.000 eur and put it into a savings account. The interest rate for 2016 is set at 0.01%. I would like to put this money to good use, but obviously it can't be too risky, as it is borrowed money. After 2 years after I finish my college I'm supposed to start paying it back monthly, over a timespan of 35 years. The interest rate will be set at the rate of the year I finish my college in. Pic related is the rate of the past few years. It might go up, but it will definitely still be a very cheap way to borrow money.
What would you do with 25k eur, or by the time I get my college degree, 50k?