Tuesday, September 30, 2008
Paul - Paying down mortgage early
I don't think it does make sense. Especially if you have a low interest rate. Credit will likely be more difficult to obtain in the future and if you lock your equity in your house you may not be able to access as easily as you have in the past. We usually advise our clients to keep the write off of the mortgage interest and invest the difference either by increasing contributions to your 401k or funding an IRA account. - Glenn Wiggle
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2 comments:
I have gold jewelry---would this be the time to sell it?
Gavin
Do you think McCain or Obama would be better for a revovery of the market??? Generically is the market better off with a republican or democrat in office?
Andrew
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