pay down mortgage or more stocks? What does blind say?
Mar 1, 2020
25 Comments
hello fellas, i have abour 30-50k to invest right now. i currently have 300K principal pending in home at 3.125%, and already own about 700K stocks , 200k in 401k and another 100k in bank.
given the uncertainity in market , i was tempted to put towards my home principal, but given market has gone down a bit, should i put more money in stocks? i worry that already 80% of my assest is all stock, but then i get more return long term on it.
note i dont need money atleast for next 2 years, maybe after that should i buy another place.
comments
Why not hold on to the cash for now? If market softens further, cash will be very valuable.
Invest in taxable account (rate 4% on municipal bonds)
Do not pay down subsidized loans as long as subsidy lasts (rate 0-3%)