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  • No, and I just said ‘often’ for that reason. You can guarantee poor returns almost risk free (bank interest or mortgage overpayments), or be fairly confident of better returns over a longer timeframe with ETFs. Or gamble on riches with crypto.
    I think the accepted wisdom is the middle option, once you’ve got all your debts paid off and you’re in a stable position.

  • guarantee [...] fairly confident

    I mean, that's how risk works. Paying off a mortgage is pretty much risk-free. Comparable to other risk-free investments, it's a no-brainer.

    Compared to other riskier investments, the yield is likely lower. But other the ~25 year term of the mortgage, less likely to leave you selling a kidney to buy food for your cats.

    Or gamble on riches with crypto.

    u mean guaranteed gainz, shurely.

  • u mean guaranteed Lambos

  • I mean, that's how risk works. Paying off a mortgage is pretty much risk-free. Comparable to other risk-free investments, it's a no-brainer.

    I think we're making the same point.
    You can guarantee a poor return or gamble on a better one. Same as it ever was.

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