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If the best thing to do is keep investing in the stock market rather than paying down a mortgage, why would anyone lend people money at 3-5% to buy a house rather than taking that money and instead put it into the market as well?
I was “lucky” on my mortgage as I bought my house at a time when interest was around 8%, so paying it down rather than buying stocks was a better move.
I do like they feeling that if you got laid off and you were debt free, you could find pretty much any job and still keep living at your current comfort level.
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Rutager West
1977 911S Targa Chocolate Brown
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