What Would You Do ????

[KCRfan1]

I would pay off the mortgage.

Otherwise, buy the stocks.

[sb1]

Chances are the rate on the mortgage is far less than potential annual return on either the card or the S & P.

[Johnny630]

He has no interest in paying off his mortgage his interest rate is in the low 3’s. He plans to be working for next 13 years in his Gov’t Job till he retires at that time his mortgage will be paid off.

[Casey2296]

Originally Posted by Johnny630

He has no interest in paying off his mortgage his interest rate is in the low 3’s. He plans to be working for next 13 years in his Gov’t Job till he retires at that time his mortgage will be paid off.

Plus the mortgage interest is deductible, wouldn't make a lot of sense to pay off a mortgage that small.

[Carter08]

Half in stocks, half in a nice psa 2/3.

[japhi]

Yes, with inflation at 10% you don't pay off manageable debt @ 3%.

Originally Posted by Johnny630

He has no interest in paying off his mortgage his interest rate is in the low 3’s. He plans to be working for next 13 years in his Gov’t Job till he retires at that time his mortgage will be paid off.