Invest Or Pay Off Mortgage?
August 3, 2022
Benefits Of Investing
Investing in stocks, bonds, real estate, and businesses among other investment vehicles can yield compound growth and wealth over the long term. You must invest steadily over the long-term to realize the full power of compounding on your investment portfolio. Paying into your retirement accounts, for instance, can yield a greater rate of return relative than the interest you pay on your mortgage. You can leverage the benefits of investing to your advantage and live a comfortable life, even without paying down your mortgage early.
Although investing does provide a variety of benefits, there are also some downsides to this avenue. Continue reading to learn about the potential disadvantages of investing.