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re: When to pay off the mortgage
Posted on 9/16/22 at 10:40 am to Grinder
Posted on 9/16/22 at 10:40 am to Grinder
quote:
What parameters would you look at that would tell you to use savings to pay off your mortgage?
In a world of high inflation, my low interest, fixed rate mortgage is the best hedge I have in my portfolio. In the simplest terms, inflation is helping pay my mortgage off
With that said, I understand that 99.9% of the country does not understand this concept. It's not straightforward math to a typical American and it definitely isn't something that gives warm and fuzzy 'peace of mind'.
This post was edited on 9/16/22 at 10:51 am
2
Posted on 9/16/22 at 11:08 am to lynxcat
quote:
In the simplest terms, inflation is helping pay my mortgage off
I’m pretty dumb, so this makes no sense to me even in the simplest terms. Can you elaborate?
Posted on 9/16/22 at 11:34 am to lynxcat
quote:
In a world of high inflation, my low interest, fixed rate mortgage is the best hedge I have in my portfolio. In the simplest terms, inflation is helping pay my mortgage off
finally someone with more than 3 brain cells
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