Friday, June 27, 2014

Invest in stocks or pay down mortgage?

For the long term, is it better to invest in stocks or pay down a mortgage? The rate on the mortgage is relatively low, but it's fixed - so paying it down is the same as getting a low guaranteed return. Stocks have much higher historic average returns, but some are saying we're at a top, stock prices have been run up to high and are about to head down.
What do you think?

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