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So I do agree with your comments, regardless of what country you live in, but the point in time of you life, and your investing has much to do with your decision making process.

Absolutely correct. The rates, size of portfolio, time period left on the loan, personal investment risk profile, . . . all impact the mortgage-payoff decision outcome. And you can play the odds based on the historical record of investment returns, inflation and current rates and still have some probability of not coming out ahead.

My point is that those of us with a frugal mindset tend to shun debt of all kinds as bad, and that's just not an optimum attitude. It is not accurate to give the general advice that all debt is bad or that the best option is always to payoff a mortgage before you retire. It can be the right thing to do financially, but it certainly isn't always the best thing to do financially. Treating all debt as bad can be damaging to a portfolio's risk and return just like taking on too much debt can be damaging. There is such a thing as good debt, and a little bit of analysis can help identify it.
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