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Old 10-30-2007, 01:07 PM
stephenNUTS stephenNUTS is offline
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Join Date: Oct 2006
Posts: 964
Default Re: Would it be better to invest or pay down mortgage?

You are WAAAY too young too be paying off your mortage IMO!

You have a great 6% fixed rate mortgage at this time.Are you thinking of re-locating/moving before your kids settle into a specific area or school district?

There are alot of options that are much more appealing/and basically safe than just a 4.5% MM account,with 2 young children that I assume you will be sending to college one day?

The the tax write off alone from carrying a mortgage is well worth it.If this $150k is a large part of your networth,you should ALWAYS keep some freecash flow for emergencies,job loss,etc.

What is your household monthly income/debt ratio?
(mortage,car loans C/C,etc)

Unless you just cant take or want the risks/rewards of any type of market that go with the territory?

Stephen [img]/images/graemlins/cool.gif[/img]
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