Actually paying down the mortgage would be sensible. It is a guaranteed return risk-free investment. Mortgage rates are expensive when compared to comparative near risk-free investment; Treasure notes, CD, money market are in sub-1% range. Comparing mortgage paydown (risk-free) to stock (higher risk) are not a fair comparison.
Comments
Actually paying down the mortgage would be sensible. It is a guaranteed return risk-free investment. Mortgage rates are expensive when compared to comparative near risk-free investment; Treasure notes, CD, money market are in sub-1% range. Comparing mortgage paydown (risk-free) to stock (higher risk) are not a fair comparison.