Thread: Playing w/100 G
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Old 08-06-2004, 09:43 PM
punkass punkass is offline
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Join Date: Oct 2002
Location: MD
Posts: 188
Default Re: Playing w/100 G

It should be noted that paying off a mortgage early is more effective the earlier in the mortgage you do it. It would be compound interest in the other way. Paying an extra 50 or 100 bucks a month in the early years can shed 4-5 years off the end.

What Mr. Ray Zee is saying that in the current state of the high uncertainty of the stock market, and low interest earned in money market/CD/savings, paying off a mortgage early is a sure thing.
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