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Paying Off Mortgage vs Investing in Shares – What's Right For Me? ⎜ Ep. 1436
Episode 1436
Published 2 years, 6 months ago
Description
In this episode, we discuss how to decide whether to pay off your mortgage and invest in shares. This includes the pros and cons of each.
We look at the advantages of paying down a mortgage, including saving interest, lower risk, and psychological peace of mind.
Next, we explore the benefits of investing in shares, such as generally higher returns, liquidity, and asset diversification, but also discuss the potential downsides like increased risk and fluctuating value.
That way you can decide what's right for you.
Main topics discussed:
- Pros and Cons of Paying Down Mortgage
- Pros and Cons of Investing in Shares
- Risk and Return Comparison
- Personal Considerations and Preferences
- Growth Funds vs Term Deposits
And we also mention our book Wealth Plan is now available as an audiobook here