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Paying off your mortgage early vs investing

Published 14:31 от Togis

paying off your mortgage early vs investing

Should I pay off my mortgage or invest? Being debt free is obviously desirable, but if you expect to earn a higher rate of return on the investment than you are. The return on paying off your mortgage early — either through regular extra monthly payments or by occasional lump sums — is the amount of money that would have. Rather than making extra payments or aiming to pay down the loan early, these contrarians say, you should devote extra cash flow to investments. INVESTING IN REAL ESTATE INSTEAD OF STOCK MARKET

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Pay Off Mortgage Early or Invest?

Retirement accounts such as the kRoth IRA, and Traditional IRA accounts are tax exempt while the money is invested, making them a great place to compound your money tax-free.

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