Should I get a GT-R?

Chuck33079 · 04-18-2014, 09:48 AM

Quote:

Originally Posted by houkouonchi

I know financially it makes more sense to invest than pay off your mortgage but honestly there is risks involved in doing that where as if you pay your mortgage off its done, forever. Also the difference it can make in cash flow can be really nice so I think I would still like to try to pay it off but maybe invest in the interim until I have enough to do that.

It's your only deduction, right? Don't hurry to get rid of it. Invest the money and let it grow. You're not really taking much risk to beat your mortgage interest rate as cheap as money is these days. And you can still cash out and send a check to the mortgage company if things get dicey.