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[quote=Anonymous]Your student loans are low - I wouldn't pay a penny extra but would invest any discretionary amount in an Vanguard index fun- you can get some that are a blend of bonds, cash, stocks, though beware of bonds with rising interest rates.

I would continue to max retirement, make sure you have an emergency savings fun (in cash), and to the extent there is a tax deduction for the 529 investment, I would capture that but agree with PP that college will change in 20 years, so I also might be inclined to ignore the 529 altogether.

My advice would be different if you were going to blow the $$, but since you are disciplined to invest, I would maximize investments and minimize fixed debt repayments when the rate is so favorable.

When you buy a house, I would get a 30 year fixed rate mortgage- in theory over 30 years inflation and income will rise and that payment will be a powerful hedge against inflation. IMO paying that much extra for a 15 year is not worth it.

FWIW, I'm bullish on investment, long-term return of the market, and long-term low interest rate debt doesn't bother me a bit, so long as I have equivalent or greater assets appreciating at a faster pace on my balance sheet.[/quote]

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