Dollars With Drew
Region: US
Tuesday 23 June 2026 21:05:50 GMT
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SomeoneYouKnow 🇨🇦 :
This is a bad strategy. 6.25 percent is way too high. You should just get a secured loan against your investments the rate there would be under 4%
2026-06-23 22:03:33
97
Tloop2020 :
Just pay it all, why would you pay interest
2026-06-24 01:28:45
21
aishk524 :
I’m confused why you’d take a 6.25 rate on anything given you have the liquidity to just pay it off right now. Sure it’s uncomfortable to dip into emergency funds, but in what universe would you be able to make guaranteed 6.25% annualized returns to compensate for the loan rate? Is paying out an extra $500 to the IRS worth staying more liquid (even if you can just temporarily cut into your brokerage to keep liquid)?
2026-06-23 21:30:47
17
marco.the.recruiter :
Wasn’t your stock portfolio worth $700k at one point?
2026-06-23 22:30:35
7
Stevenyangofficial :
Owing the IRS $20k and then still pay 6% interest on that is crazy ass work 😂
2026-06-24 15:28:51
3
Craig Osmon :
I think if you’re averaging above 6.25 on your investments, it makes sense to take the loan and keep your money invested. And pay off your credit cards as the balances come due (not financial advice)
2026-06-24 01:39:59
2
tht_big_joe :
I would love to have this problem btw
2026-06-25 05:24:35
0
Manzi MercyHearted :
Pay it off. What if something else happens and you can’t pay the IRS off
2026-06-24 21:37:37
7
AnvarWatchingshortvideo 🇺🇸🦅 :
Pay it off in full brav! You can work a little extra, and will get your liquidity. That’s too high of an interest rate.
2026-06-25 02:04:19
7
Riches with Ryan :
Is this money owed in back taxes? Or did you not withhold enough / pay necessary estimated payments?
2026-06-23 21:13:08
2
Aliyu Umar Aliyu :
hi
2026-06-24 23:14:33
0
NC_Fossil_Hunter :
Nah pay it off straight with cash and make your cash back. No loans with interest. Set the money aside every year knowing you’re going to use it to pay taxes
2026-06-24 00:55:09
11
card :
PAY IT ALL. its bad debt. it generates no money. only take loans on things that generate income at your level
2026-06-24 11:33:04
2
grahambeeland :
Open another 0 percent credit card and transfer it. Should be like a 2-3 percent fee to transfer assuming you need to transfer credit card soon. or put irs payment on a new 0 percent card
2026-06-24 13:07:43
1
Phu boi ສີງ สิง 🐘🐘🐘🇹🇭 :
I’m a CPA and would say just pay it off in full
2026-06-24 01:49:58
6
CoolMoneyCoach :
As long as you get better than a 6.25% return then you made the right choice otherwise you need to make larger quarterly payments to the IRS
2026-06-30 01:54:57
2
Wes Bags :
I would do the same.....cash is king and so is cushion.
2026-07-19 03:15:29
0
CJ’s fitness :
Question is, why do you need liquid cash. If you can give a good enough reason why then don’t tie up those assets. Don’t sell investments to cover it though.
2026-06-23 22:00:06
3
DemonToast :
@z.z. .X
2026-07-04 00:42:55
2
:
I'm not sure how to word this but I would try my best. if you have a credit card debt, is it smart to apply for another credit card that has a offer 0 percent for like twelve months i am doing balance transferrer, and then I forgot period is over and I still owe applied for another credit card. Do I keep that old credit card open or do I close? Does this make sense? can you explain it to me
2026-06-25 02:19:25
2
.swim_shady :
I’d pay it off and use the stock investment as backup if cash is needed. At least compromise and keep that loan as low as possible.
2026-06-25 03:34:38
1
millionmiler0 :
Drew, you could take a box spread on your portfolio at 3.xx% instead. The interest would also be tax deductible. Worth looking into!
2026-06-26 02:55:06
1
EtchySketchy :
Pay it off and just make larger monthly payments to yourself at 0% interest.💸💸💸
2026-06-25 02:02:24
1
SomeoneYouKnow 🇨🇦 :
IBKR US margin rate right now is 5.12%, and you can do better than that. In Canada my broker gives me 3.95%
2026-06-23 22:06:18
1
Bobbb :
Can i get $5 😅?
2026-06-24 23:15:15
1
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