Market high-would you pay off mortgage?

[kcowan]

Sometimes it's better to be lucky than good.....

We had to crape up US$250000 to buy our snowbird place in 2007. Sold off some stuff but got $C1.065 exchange.

Had no idea how lucky we were.

 

[brett]

It is really a function of three issues. Only you can decide what is best for you.

Depends on your financial position, your comfort with/aversion to market risk, and your mortgage rate.

 

[Luvdogs]

Did it!! Took from our non-retirement accounts, will owe some cap gains but not too bad. Only took about seven days (including Presidents' Day and the weekend) from selling stock -3 days to settle, picked up check at local Schwab office yesterday, then to Chase. Chase said no hold, would be available the next day (today). Had it wired around noon today, just checked our balance and it said PD IN FULL!!!!

Thanks for the input and suggestions!!