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Welcome to SportTrac.Org
Off Topic Discussion
Mortgage Questions
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<blockquote data-quote="Thomas Rogers" data-source="post: 767593" data-attributes="member: 60724"><p>Les says: </p><p></p><p></p><p></p><p>Yes, that is true. But note what I said. I said that most all investment advisors will say that same thing, and that is if you have a choice between paying down your mortgage, say a fixed rate mortgage of 5 or 6%, or investing elsewhere, investing elsewhere is typically more advisable.</p><p></p><p></p><p></p><p>Put another way, would you borrow money at 5% to make 10%? I know I would.</p><p></p><p></p><p></p><p>Most mortgages today are around 5%. Most investments today can easily earn 10%.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 767593, member: 60724"] Les says: Yes, that is true. But note what I said. I said that most all investment advisors will say that same thing, and that is if you have a choice between paying down your mortgage, say a fixed rate mortgage of 5 or 6%, or investing elsewhere, investing elsewhere is typically more advisable. Put another way, would you borrow money at 5% to make 10%? I know I would. Most mortgages today are around 5%. Most investments today can easily earn 10%. TJR [/QUOTE]
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Off Topic Discussion
Mortgage Questions
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