Paying off house vs Investing

[chicagosubbu]

What’s your interest? 

if it’s high interest on existing mortgage payoff

if it’s low interest invest 

[Kootami]

47 minutes ago, Sonu_Patel said:

2023 end of the year pakka 

Vaarni ne deggara antha money undi ..inka illu konataniki edustavendi vayya.something is not right

[Sonu_Patel]

7 minutes ago, Kootami said:

Vaarni ne deggara antha money undi ..inka illu konataniki edustavendi vayya.something is not right

nenu chusey homes anni $1M plus unnae.. trying to see if i can avoid taking loan. 

[Kootami]

2 hours ago, Sonu_Patel said:

nenu chusey homes anni $1M plus unnae.. trying to see if i can avoid taking loan. 

250k loan ki intha alochisthunnava . 

[rmJU72]

At this time any fixed mortgage <=4% is actually an asset.

Don’t payoff, buy some index funds and leave it

[Sonu_Patel]

1 hour ago, Kootami said:

250k loan ki intha alochisthunnava . 

Aalochinchaali ba.. ikkada evanki recession ante ela untado kuda telvadu.. 

[Vaaampireee]

4 minutes ago, Sonu_Patel said:

Aalochinchaali ba.. ikkada evanki recession ante ela untado kuda telvadu.. 

house epudu konnukomantavu

[Sonu_Patel]

21 minutes ago, Vaaampireee said:

house epudu konnukomantavu

There is no right time or wrong time.. Try to buy with more cash and less loan ba.. 

 

[bulreddy]

On 7/24/2023 at 2:30 PM, Sonu_Patel said:

2023 end of the year pakka 

konnava bro?