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Old 09-14-2016, 08:09 PM   #44
Enoch Root
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Join Date: May 2012
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re the pay down the mortgage vs investing decision:

The math works in favour of investing. As heep illustrated, the stock markets have returned about 9.5% per year for the entire period of available data.

Especially with current interest rates, that obviously favours investing.

However, the second part of the equation is the risk tolerance of the investor. Having debt makes some people very nervous. It is entirely valid for an investor to place more utility in the comfort of paying down their debt than in the (larger) growth of an investment.

Personal preference.

My advice is similar to what yours was: do both
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