Darmark7
Retired 2020. Not my Problem Anymore!
Interesting. This is where you ask is it better to get your +5% interest or pay down 2,3,4% mortgage?
It was an easy decision for me. I have no mortgage. I have all the different investments I need and I had $150k in the bank between my checking and money markets so I figured I could do without $100k for 12 months paying 6% and still have $50k if I need any emergency money in the next 12 months. If I had a mortgage I would never have $150k not going towards it, that’s why I haven’t had a mortgage since I was 39 yrs old.