Reply to Is this too much cash, or is it appropriate?

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[quote=Anonymous][quote=Anonymous][b]Great example of why paying off your mortgage early makes very little sense.  You have over 70% of your net worth tied up in your house, which you can’t liquidate without losing your current place to live (and still needing to find a roof).[/b]  Meanwhile, you have no retirement accounts.

Yes, you should be investing the 270k.  Spend less on your car.  And get a home equity line of credit lined up if you have a true massive, costly, emergency and can’t access your investments (significant unrealized losses).[/quote]

Yes, that is one way to look at it.  But I guess I perceive the lack of liquidity as a benefit actually.  I’m always going to need a place to live, and it’s such a fundamental need that I actually *want* it to be hard to access the money.  I don’t want to be tempted to access the money any time a friend tells me that they think Nvidia stock or Bitcoin is cheap.

I know this is a controversial point, but I felt a huge sense of relief when I finally paid off the mortgage and have never regretted it.[/quote]

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