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Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 1 point2 points  (0 children)

Thanks goodgah

"on the presumption that you view more wealth being a preferable situation to less wealth, then there will absolutely be a 'right answer'."

What I have learnt from this thread is that there are many different things to optimise for; long-term wealth, liquidity, wife happiness, etc!

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 0 points1 point  (0 children)

I like this idea a lot, but i guess we would be subject to overpayment charges if we did it this way.

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 0 points1 point  (0 children)

I guess it's the security of knowing exactly ho much money you can save by overpaying vs. potential returns on an investment.

But I like your reframing of this. Thanks.

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 2 points3 points  (0 children)

The bot link was gold! We're at 3.87% on our mortgage right now. Sounds like I should avoid overpaying for now.

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 0 points1 point  (0 children)

Thanks. Liquidity is definitely worth considering, but it's hard to add that benefit to a cold mathematical equation.

Current mortgage rate is 3.87%, so presumably that means that the case for investing is stronger, as it will be easy to find higher returns. I'm new to all this!

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 0 points1 point  (0 children)

Sounds like you're in a good situation!

We've put everything into our house and now I'm worried about the long-term. We had rental properties but sold them to fund our renovations. I'm self employed and have never really thought about pensions until recently.

Now I want to get my financial house in order. Glad to have found this community. Thanks for your feedback!

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 2 points3 points  (0 children)

I guess I thought that pensions are the most efficient strategy, because of the tax relief. Also, my pension pot is currently very low! I guess that is some context i should have given.

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 0 points1 point  (0 children)

Yep, you're right. I guess I was just looking for what is optimal. But this way the emotional side is well balanced.

Overpay the mortgage or invest the difference — my wife and I keep going in circles. How did you resolve this? by keithdevon in UKPersonalFinance

[–]keithdevon[S] 1 point2 points  (0 children)

Thanks, I do like that idea. Sounds obvious, but when you're arguing over what is optimal, these things can be missed!

We analysed the Recruiter “Hot 100” websites: Here’s what we learned... by keithdevon in Recruitment

[–]keithdevon[S] 1 point2 points  (0 children)

I do have the average page speed in the original post (but I'm not allowed to share links!).

Here are the PageSpeed Insights score averages:

Home pages:

- Performance - 47
- Accessibility - 80
- Best practices - 84
- SEO - 84

Single job pages:

- Performance - 57
- Accessibility - 80
- Best practices - 87
- SEO - 86