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Old 09-07-2016, 10:35 AM   #40
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by heep223 View Post
If you look at any rolling 30 year period through this time, which is more realistic as to your point, annual returns vary between 8 and 14%.

I don't claim to know the answers either, only my opinion based on data. If I were a betting man I'd say that paying off your mortgage in the long term is going to significantly underperform a global, diversified portfolio of financial assets at current rates.

If you can't stomach volatility then that's a different story I suppose.
Well you know that it comes down to both ability and willingness to take that risk though. So while it be perfectly sensible and might be the type of thing someone could handle financially if they're simply not willing to endure those ups and downs, or just "feel better" without that risk then that is the way you have to go.
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