Quote:
Originally Posted by darklord700
I'm in the camp of aggreessivly paying down mortgage. I never had a non registered investment account because after maxing out RRSP (and TFSA after 2009) and aggreesivly paying down mortgage, I don't have anything left to buy stocks.
Granted, my mortgage interest rate for the last few years had never been more than 3% and I got a 2% intersest rate for 2 years once. So paying down mortgage instead of investing only makes psychological and not rational sense. This was especially true during the Lehman Brothers debacle when TSX was around 7000 points. I beat myself for not having going in heavy on stocks at that times for I would have make a nice 60%+ return just buying the index.
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You can buy stocks in your RRSP/TFSA and probably should be (or at least considering that idea).