You have $100 extra per month. Should you pay off your mortgage early or invest?
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.
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If it were up to personal-finance “experts,” we’d never spend a penny on ourselves. We’d save 80% of ...Read More