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Hmmm. Telegraph says it better. I made the decision to pay extra on my mortgage. I only have a 7% interest rate, but that is a guaranteed 7% in savings if I pay it off early. I am, of course, still putting money into my IRA and 457 plans. If I wanted to put every extra penny into my mortgage I could pay it off extremely early. If I wanted to put every extra penny into my investments I could possible be a millionaire at an early age.

Let's see. It's a given that by paying extra on my mortgage I pay it off early. It's not a given that by investing extra I will have a larger pot at the end of the rainbow.

I'll stick with my extra amount each month on my mortgage plus my monthly investments in the stock market.

Mark :-)
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