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re: Pay $1,000 extra to house or invest?
Posted on 6/15/16 at 9:42 am to statman34
Posted on 6/15/16 at 9:42 am to statman34
quote:
What would you recommend as a way to invest that much money a month vs. paying down your mortgage. I am not eligible for Roth IRA and I am not experienced or comfortable with the stock market on my own. Just curious to see what other options I would have.
Do you have a 401k at work? Are you maxing it out?
Stick it in an index fund if you aren't experienced.
I would definitely not be trying to pay off my mortgage right now. Interest rates can't get much lower, but they sure can go a hell of a lot higher.
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