Quote:
Originally Posted by VladtheImpaler
Fair enough. If you are risk averse or of an age where you have to be risk averse, investing in your mortgage at 2.59% is better than you can do in any "guaranteed" investment (I assume - Slava?) and keeps you ahead of inflation. So, it's definitely better than just giving the money to your bank.
I chose to take as much mortgage as possible at 1.99 because "other people's money".
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My old house was completely paid off, but then a couple years ago we built our dream home and now we have a huge mortgage. I'm paying it off at an accelerated rate because I miss being able to humble brag that my house was paid off.
