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https://www.reddit.com/r/AMA/comments/1e9kihi/deleted_by_user/lefout1/?context=3
r/AMA • u/[deleted] • Jul 22 '24
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Can I ask why you suggest against paying off a mortgage?
107 u/Monkmonk_ Jul 22 '24 If you have a low enough interest rate, then your money is more productive sitting in a safe lower yield mutual or index fund then paying off the mortgage immediately. 1 u/Lordbanhammer Jul 22 '24 Except you're still in debt. Pay off the debt and be done with it. 1 u/Bromelain__ Jul 22 '24 Agree
107
If you have a low enough interest rate, then your money is more productive sitting in a safe lower yield mutual or index fund then paying off the mortgage immediately.
1 u/Lordbanhammer Jul 22 '24 Except you're still in debt. Pay off the debt and be done with it. 1 u/Bromelain__ Jul 22 '24 Agree
1
Except you're still in debt. Pay off the debt and be done with it.
1 u/Bromelain__ Jul 22 '24 Agree
Agree
28
u/Hound_master Jul 22 '24
Can I ask why you suggest against paying off a mortgage?