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re: Pay $1,000 extra to house or invest?

Posted on 6/16/16 at 7:16 pm to
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 6/16/16 at 7:16 pm to
This comes up at least 4 or times a month. I am on the side where I don't understand the debt adverse crowd. I'd rather have cash then no mortgage. I can get dividends from stocks that pay higher than current interest rates cost on a mortgage.
As mentioned earlier in a crisis you can't really take money out of the walls of a house. I'd rather have access to money.
Personally I like debt, I borrow as much as I can.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 6/16/16 at 7:35 pm to
quote:

you can't really take money out of the walls of a house


Sure you can. Get a HELOC.
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