Reasons Why Should Not Invest Now
You Have Debt
For many, the biggest impediment is debt. You must be trapped with the debt due to the education loans, car loans or some personal loans. The only way you can have a financially secure life is to clear off your debt. Debt could make it tough for investors to make money; because if you have some high-cost debt it may not be possible to get returns higher than the rate of interest at which you have borrowed. In such a scenario it would be a sensible move if you stop investing in your retirement saving till you clear off the debt. One of the biggest mistakes you could make is to start investing, have high interest payments, and then later need to withdraw money.
