Do you have a portfolio of sinking stock and shares? You are not alone. Financial assets have been depressed for the past five years and not only in the Eurozone.

However, financial journalist Matt Krantz of USA Today has an ingenious solution. He recommends selling poorly performing stocks and shares to pay off pressing credit card debts.

For example, if you are paying 15% annual interest rates on credit card debt, the double whammy can seem like a no-win situation.

Matt Krantz suggests that you should “strongly consider liquidating a big piece of your non-retirement portfolios to pay down your credit card debts”.

This translates as a guaranteed 15% annual return.

Moreover, “a 15% guaranteed return by repaying debt is just about the closest thing to a home run you’re going to find in this market”.

Great advice which many of us had probably not thought of.