I have a question regarding the market and student loans. Is it worth it to take out about 20k in student loans at an interest rate of about 5.8-7%. I have no debt and will continue to be able to pay for school.
My plan is to take out 20k and invest it all in UNH. I feel like they will likely double within 3 years or at the very least give me more growth than the interest rate I’d have. I graduate next year and I feel like this would be a good opportunity to get a big lump of cash for low interest rate and invest. The plan would be to cash out what I owe once UNH hits price targets. Is this dumb? I’m open to advice and understand the risk that UNH could possibly dump and I’d lose money that isn’t mine. Please give me honest and constructive feedback. I am open to all and any advice.
EDIT: if shit hit the fan, I’ll be able to pay off the debt first year working