The Edmonton Journal recently published an article comparing paying down your mortgage vs. investing the money into mutual funds. Although the article shows both options are quite beneficial, paying off your mortgage quicker may be slightly more lucrative for you in the long run. Thus freeing up your money sooner and allowing you to save for retirement sooner. Both options have your money working for you. With the recent prices in the market and the great interest rates, taking advantage of paying off your mortgage sooner could be a very smart option. What would you do?
This entry was posted on Wednesday, June 12th, 2013 at 5:15 pm
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