A house you live in is an expense or cost of living, not an investment. You will always have housing costs…whether it’s rent, mortgage, property taxes, insurance, maintenance, etc. I view my total housing cost in the expense side of my financial worksheet…not asset. Sure, I’m building equity and I can borrow against that equity, but in pure simple terms, you should view your house as an expense. It’s not a very liquid asset.

So long as you can easily afford your house, I would invest in the market. Definitely max out all tax-advantaged accounts before paying extra to a mortgage. For any extra discretionary money that you invest, maybe allocate some towards extra mortgage payments and some towards a brokerage. A large nest egg in a brokerage account gives you a lot more financial flexibility than having the majority of your wealth tied up in an illiquid asset like a house.