Repay the mortgage…or invest? What's best for you?

3 years ago
8

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You don't like paying 'interest to the man', that's totally understandable, but who really wins in the long term: Those who aggressively pay down their mortgage before investing seriously, or those who invest AT THE SAME time as having a mortgage still in place?

It's not a 'one-size fits all' thing here though and you need to consider: 1 - your appetite for risk, 2 - how your other investments are structured, 3 - the risks (changing interest rates and changing rates of return in the sharmarket) 4 - your investing timeframe, and most importantly 5 - how you will react when times of volatility hit.

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