Hi, guys im 21 and I just bought $ 80,000 small house four moths ago, and I would like to know what is better to pay extra payments to pay off the mortgage ASAP, or to pay the regular payments and the rest to invest it in the stock market or any other investment. The reason is that after 30 years im going to end up paying more than 288000, but if I paid sooner ill save hundreds thousands. In the other hand if the rest of the money I invested I can get a higher % gain, but is not secure. What do you guys believe is the best use that I can give to my money? Please give me your opinions, and ideas. Thank You.
2006-12-13
03:01:33
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11 answers
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asked by
byron_loco
1