Jan 20, 2020
3:23:10pm
3:23:10pm
Here is how I would look at it....
Personally I like the fact of knowing I had my mortgage paid off. But do you think you'll move any time in the next 10-15 years? Would you end up with another mortgage?
I would think investing it in something would be a better decision if that was the case. But I'm like you, I have zero knowledge of investing so I would need to rely on the knowledge of other people I know to help there.
However, how much will be pay in interest over the next X years left or the mortage vs what will be the return on investment in the market? Maybe you are better off paying off the mortgage and investing the savings?
I would think investing it in something would be a better decision if that was the case. But I'm like you, I have zero knowledge of investing so I would need to rely on the knowledge of other people I know to help there.
However, how much will be pay in interest over the next X years left or the mortage vs what will be the return on investment in the market? Maybe you are better off paying off the mortgage and investing the savings?
Originally posted on Jan 20, 2020 at 3:23:10pm
Message modified by whiteninja on Jan 20, 2020 at 3:26:20pm
- New username
- ordinary tri guy
- Bio page
- whiteninja
- Joined
- Nov 24, 2008
- Last login
- Jan 29, 2020
- Total posts
- 0 (0 FO)
Messages
Time
1/20/20 3:18pm
1/20/20 3:29pm
For the people who say you should not pay off early because you get better returns investing that money, do you
1/20/20 3:53pm
1/20/20 4:22pm
1/20/20 5:31pm
1/20/20 6:37pm