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Reply to "Paying down a mortgage - not a debate about whether it makes sense"
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[quote=Anonymous]Sometimes stupid is smart. My friend sold his house March 2009 and rented. I thought it was crazy. But he felt although homes are down and will bounce back that stocks were more undervalued. He put the money into all stocks. My friend rented till January 2020 when he bought a mansion for cash. Literally a house in Malibu on the beach. Pure luck. But in other hand my brother is 100 percent in stocks at 60. He feels comfortable as as primary home, retirement home are mortgage free, college for kids paid and no car loans. So he feels safer going all in. [/quote]
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