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re: Pay $1,000 extra to house or invest?
Posted on 6/14/16 at 5:40 am to poops_at_parties
Posted on 6/14/16 at 5:40 am to poops_at_parties
the last thing I would do with guaranteed 3.5% money over 30 years is allocate money to that. Just me, I'm sure others will disagree.
I would definitely be maxing out pre tax investments. I'm also a super cash heavy guy but being in real estate I have to be should an opportunity arise. Even so I'd say having a year + living expenses on hand is never a bad idea.
I would definitely be maxing out pre tax investments. I'm also a super cash heavy guy but being in real estate I have to be should an opportunity arise. Even so I'd say having a year + living expenses on hand is never a bad idea.
2
Posted on 6/14/16 at 5:52 am to ItNeverRains
Also, what advantage do I have in doing a traditional IRA over a Roth? I'm of the strong opinion that taxes will go up, not stay the same.
Posted on 6/14/16 at 6:23 pm to ItNeverRains
quote:
the last thing I would do with guaranteed 3.5% money over 30 years is allocate money to that. Just me, I'm sure others will disagree.
Me too. No way in hell would I want to prepay a mortgage at that rate, especially if I'm able to deduct interest.
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