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This is just like consumer debt. It's better to get a 3% mortgage and put all your cash in the stock market then to payoff your house. Not only do you get a hig
by akvadrako 7y ago
This is just like consumer debt. It's better to get a 3% mortgage and put all your cash in the stock market then to payoff your house. Not only do you get a higher return, but you save on taxes.
- mdorazio 7y agoI think the difference is in the types. Mortgage debt can make sense assuming you're borrowing within your means to pay, but consumer debt also includes credit cards, auto loans, personal loans, and student loans that often have questionable financial logic behind them.