Recently locked in a new mortgage.
It's roughly 52% of my NET Income (discluding other rental income I don't figure in)
This also includes extra Principle payments to payoff the loan early. My question is, do I sacrifice paying the mortgage note in exchange for buying more shares in the market?
It would be nice to have the house paid off by the time the kid is in college, but at the same time, it would be nice to increase my opportunity in the market by about 10% each year as well. Hard to tell which bucket I should place any extra freed up moneys I have... hmmm
It's roughly 52% of my NET Income (discluding other rental income I don't figure in)
This also includes extra Principle payments to payoff the loan early. My question is, do I sacrifice paying the mortgage note in exchange for buying more shares in the market?
It would be nice to have the house paid off by the time the kid is in college, but at the same time, it would be nice to increase my opportunity in the market by about 10% each year as well. Hard to tell which bucket I should place any extra freed up moneys I have... hmmm