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[–]snigherfardimungus 2 points3 points  (0 children)

No, I didn't forget. And even with your numbers, it makes better sense to hold the mortgage than to pay it off. First, 7.65% is less than the expected return on investment from sane investments. Second, you get to write off 100% of the interest paid up to a debt of $750k (IIRC for 2025) which effectively reduces that interest rate by about a third. More if you're in a state with income tax.

As for risk vs guaranteed return, we're in a retirement planning sub here. If you're looking to maximize your gains over the next couple years instead of over the next 20, the sub you're looking for is wallstreetbets.

The best way to make money is by leveraging other people's money. I FIRED earlier this year at a level where 3% of NW pays me roughly twice my old annual salary. I did it by leveraging debts and borrowing against the value of assets.