Re: Buying a house
[ QUOTE ]
Better advice, IMO, is to buy a more resonable house that suits your needs, and pay it off way early. Then you take your former mortgage payment and invest it in whatever.
think about what you typed. then think about it some more. then think about what the stock market generally returns if you are long term investor. then think about what a typical mortgage interest rate is. then tell me again why paying your mortgage off early is smart?
[/ QUOTE ]
For some people it's a huge psychological burden lifted off their shoulders. Also, a lot of people don't expect the market to return as much as the past average over the course of the next few decades.
|