Quote:
Originally Posted by SeeGeeWhy
Well, I am frequetnly irrelevant with what I write. 
For the record, I didn't say that paying copious amounts of interest was enough to make the buy decision a poor one, and I should say that I do "own" myself. I merely said that I hate paying for my house twice while building equity. Tough titties, that's the way it goes, right?
The classic debate while you're paying down a mortgage is whether you take your investment savings and accelerate the mortgage payments or put it in another investment vehicle. Looking at a guaranteed net-of-tax return vs a speculative "possible" return in the market has always appealed to my conservative faculties, but I know I'm probably leaving a bit on the table by doing this. |
I know one guy who would argue that you are leaving a lot on the table by doing this....but my bias shows through here!