Student Loan for ROTH IRA?
Brad's medical school professor thinks he should get student loans to fund Roth IRAs, but Dave says you should never borrow money to invest.
ANSWER: You’re right – your professor is wrong. You should never take advice from broke people – especially broke medical school professors!
Absolutely, positively, never borrow on a student loan to fund any kind of investment. You should never borrow money to invest. You should also never invest in anything you do not understand.