The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/ltltltthis-was-a-huge-decision-and-decidedly-12873739.aspx

Subject:  Re: NEVER Pay off your Mortgage (IMHO) Date:  7/9/2000  5:33 PM
Author:  JLC Number:  23219 of 90110

<<<This was a huge decision and decidedly contrary to conventional wisdom - but you see, no one told us how wonderful it would feel because we never spoke with anyone who actually paid off ther house. At least no one under the age of 70.>>>

Here, here!!! I paid off our mortgage before my 35th birthday, and the emotional returns for outstrip whatever monetary returns that money could have generated.

Since I don't have to worry about making the "house note", I am now at liberty to investigate other investment opportunities. For example, my wife and I are now looking into the possibility of buying a company. Something we wouldn't have considered if we were still making the mortgage.

JLC


Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us