10-20-2013, 10:59 PM
I currently make double payments on my mortgage and have since I bought it 8 years ago. Since I can comfortably make double payments, I prefer to use spare/excess income to invest (andy I think the low interest rates we currently have make that an economically viable choice).
I don't need to have cash on hand to take advantage of a market correction or strong value opportunity, but if I plan my finances as if I did. Hence I feel I'm getting the best of both financial concepts by doubling down on my mortgage AND keeping cash liquid for investment opportunity's.
Just my 2cents worth :-)
Ronn
I don't need to have cash on hand to take advantage of a market correction or strong value opportunity, but if I plan my finances as if I did. Hence I feel I'm getting the best of both financial concepts by doubling down on my mortgage AND keeping cash liquid for investment opportunity's.
Just my 2cents worth :-)
Ronn