You have $100 extra per month. Should you pay off your mortgage early or invest?
September 11th, 2008 - 34 Comments
Photo from luxerta
The key thing here is to actually do an analysis, as opposed to throwing around hand-wavy arguments like “Renting is throwing your money down the toilet” and “Leverage always makes you money.” If you make a financial decision that will cost you hundreds of thousands of dollars without doing real math on a spreadsheet, then you are a moron. In fact, it should be so hard that you have to get help from other people.
Note: I also keep a list of real-estate bookmarks here.
Sign up below to get free tips on saving, investing and earning more money (including a TON of cool stuff I never, ever mention on the blog.)
My friend, a perpetual Manhattan bachelor, just got into a relationship with a sweet girl. So naturally, we invited them ...Read More
One of my students asked this amazing question, and I loved it so much that I want to share it ...Read More