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Reply to "We are officially mortgage-free!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Imagine you had refinanced just say $500k during the pandemic when interest was low. If you had invested in 2020 in the S&P500, it would now be $889k. Why would you leave almost $400k on the table? Just so you could brag that you are so rich that it made you stupid?[/quote] Imagine you bought bitcoin when it was 30 cents or Apple when it was a $1… imaginary scenarios looking backward don’t mean much. [/quote] You really don't know anything about money, do you? You are correct that those would have been in hindsight good investments. They would be very stupid investments if that was all you had and you weren't diversifying. I was speaking about using an index fund, which is as close to a sure thing as you can get.[/quote]
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