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re: The reoccuring question.. should I pay off my mortgage?
Posted on 9/18/12 at 6:26 am to Brian Wilson
Posted on 9/18/12 at 6:26 am to Brian Wilson
Pay it off- the peace and sense of security is priceless
You never know what tomorrow holds
You never know what tomorrow holds
Posted on 9/18/12 at 7:55 am to 756
quote:
you never know what tomorrow holds
No intent to insult follows:
If your statement ( and others say the same) is true, then why wouuld you put money into the mortgage payoff versus keeping a large, safe stash somewhere?
Rational thought demands an understanding that if the "tomorrow" you refer to, arrives, and you have no mortgage but have no loose money, what good is the house? You can't eat it. You can't take it with you when you must move to another location to survive the effects of the "tomorrow".
Emotion should play little role in financial desicion-making.
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