Re: Would it be better to invest or pay down mortgage?
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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?
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We love our house and have no plans to move. New house in nice area that we moved into ~2 yrs. ago.
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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?
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Yes, education very important to us. Most likely our state University, which is quite good and relatively inexpensive (currently around 5k/year tuition for resident undergrad). If the talent and desire is there for a private University we will do what we can to facilitate.
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What is your household monthly income/debt ratio?
(mortage,car loans C/C,etc)
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I don't have any debt other than my mortgage. Our combined gross income/mortgage payment is around 4.5.
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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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I am very risk tolerant, my wife less so. That is why I was thinking of just putting the majority in a broad index. If I were not married I would most likely invest most of it in individual stocks and derivatives.
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