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[quote=Anonymous][quote=Anonymous]I bought a 1M home in McLean back in 2008, and while I had enough cash to pay off the home in cash, I only put down 20%, 6% interest rate, and invested 800K in the stock market.  In 2025, that 800K turned into 8M, while my house only goes up around 2.5M.  I refinanced again 2019 for a 2% 15 years interest rate.  I used the money to put into the stock market, and the past six years, I make more than seven times.  My current mortgage is around 400K and I can easily pay that off anytime but I do not want to do so.  FWIW, my property tax is around 26K/yr.

Paying off the mortgage is generally not a good idea when you can use that money to invest in something with better return, especially if the interest rate on the mortgage is 2%.  YMMV. [/quote]
I think this is very unlikely that your investment grew 10x. The only way this happened is if you were picking individual stocks or got lucky with the timing that you invested the 800k in the stocks. If you just happened to make an 800k lump sump investment in the S&P 500 sometime March 2009, you would have around 8M right now with dividends being reinvested. The vast majority of people don't beat the market and even most professional investment managers cannot beat the market.[/quote]

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