Quote:
Originally Posted by Slava
I am a financial advisor, CFP and working on my CFA. I would tell you that it does depend on your exact situation, but if the point is long term wealth creation, I wouldn't put it on the mortgage. I would invest it for sure, and almost surely over the long term not lose any sleep to beat that 3% mortgage savings as an alternative.
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My financial advisor told me to pay off mortgage and continue putting money into investments weekly, with the money that would have went on the mortgage. But like you said, every situation is different (my rate was 4% fwiw).