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Author: RiverCityFool Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76082  
Subject: Re: Which scenario makes more sense Date: 10/3/2001 11:35 AM
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Scenario one
Take a 30-year mortgage and invest the 40K in the stock market. After 30 years I will have paid off the house and will have had the 40K growing in the stock market


How about scenario 1.5? Take a 30-year mortgage and make extra payments so that you pay it off more quickly.

This way, you can start investing earlier and you can still save quite a bit of interest. If your income drops temporarily, you can just make regular mortgage payments. If your income goes up, you can make even more extra payments.
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