The decision to pay off (or pay down) your mortgage vs. invest is not as simple as many think. It’s part math, part psychology and part risk-management. While many professionals will confidently argue you’re better off investing, you must remember these people get paid more if you own a stock portfolio and a mortgage. These products are big bucks for advisors and banks, so it’s not in their best interest to tell you to sell your portfolio and use the proceeds to eradicate debt.
Should You Pay Off Your Mortgage or Invest?
Should You Pay Off Your Mortgage or Invest?
Should You Pay Off Your Mortgage or Invest?
The decision to pay off (or pay down) your mortgage vs. invest is not as simple as many think. It’s part math, part psychology and part risk-management. While many professionals will confidently argue you’re better off investing, you must remember these people get paid more if you own a stock portfolio and a mortgage. These products are big bucks for advisors and banks, so it’s not in their best interest to tell you to sell your portfolio and use the proceeds to eradicate debt.