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Reply to "Paying off the morgatge, good or bad idea?"
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[quote=Anonymous]1. There's a value to peace of mind of a paid-off mortgage. 2. You can't get _guaranteed_ returns better than your mortgage rate. The best guaranteed retrun (saving/money market) is 2% at best. Yes, investing may get higher returns, or it may not. If you put that money in QQQ (Nasdaq Index fund) on 10/1/18, you'd be down almost 5% based on today's price. If you put it in on 1/2/19, you'd be up 14% today. What level of risk are you willing to take? [/quote]
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