Pay Off Mortgages or Invest Cash?

 

QUESTION:

I moved from calif. and bought a home in Nevada but I took a loan on the home instead
of paying it off.

My question should I pay off the house or invest the money.
With what is coming I am confused on this issue.
TM

ANSWER: If you have a FIXED mortgage, do not pay it off. If it is at an old high rate then you should refinance. Cash will be better served in liquid markets when the time comes, not tied up in a property that you may not be able to sell when banks stop issuing mortgages.

Latest Posts

Market Talk – June 13, 2025

ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 338.84 points or -0.89% to 37,834.25 • Shanghai decreased 25.66 points or -0.75% to 3,377.00 [...]
Read more

The Middle East War – 2025

COMMENT: Marty, some people will never get it, and they will always blame you. You have paid a lot for your research in your life, and many still hate you [...]
Read more