Should i invest or give it back?

[Deleted User]

Hand it back and sleep at nights

[Deleted User]

DJ13x said:

Deleted_User said:

6 years might be enough time to invest in an S&S ISA and see decent gains, just not great timing as markets are not doing too badly at the moment. I started one in 2017 and it's about 14% growth all in, has been as high as 20% and low as -5% iirc during the first covid dip. That said, many people speculate it's all a bubble that is going to burst, so if you lost a big chunk, how would you repay?

I can afford the monthly repayments out of my salary so thats not an issue. The loan would always be repaid.
I guess i was seeking advice more on whether it would be worth paying the 4% interest at the possibility of gaining more profits through something like a S&S isa.

You'd be paying off a loan and losing money at the same time if the investment went down so a double whammy
S&S ISA as I said can be a good gain, it could be a loser. Return the loan and put the loan payments monthly into whatever investment you want to use

macman

Invest it if you can afford to lose some or all of it, because you are not going to get a return better than the interest payable on the loan without investing it at some risk.. Otherwise cancel the loan.

cymruchris

If your investment crashed - would you be happy to foot the bill yourself? 

They say only invest what you can afford to lose.