09-17-2020, 01:58 PM
My intent was not to indicate your suggestion was wrong, so apologies if it came across that way.
I wanted to point out that mortgage debt is pretty much the best debt to have because interest rates are low, interest is tax deductible, and the market has consistently performed better than mortgage rates over the last few decades.
I perceive Kaan as someone who values paying off a house more than eeking every single dollar out of personal finance. People should do what feels comfortable to them... except pay PMI... that shit is a waste of money. BUT, once you have a mortgage without PMI, consider investment as a possible option instead.
I wanted to point out that mortgage debt is pretty much the best debt to have because interest rates are low, interest is tax deductible, and the market has consistently performed better than mortgage rates over the last few decades.
I perceive Kaan as someone who values paying off a house more than eeking every single dollar out of personal finance. People should do what feels comfortable to them... except pay PMI... that shit is a waste of money. BUT, once you have a mortgage without PMI, consider investment as a possible option instead.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth