Should I pay down mortgage or invest in today's market?

[corn18]

If you just investing in the market now, you are now entering at the peak market. There is going to be a very high likelihood of volatility in the few years especially with the this new Administration. If I were you focus on repaying your mortgage with steady amount ($500). You didn't mention that you wanted to do other side hustle.

We don't know your income or expenses either. But we do know putting extra money towards principal it's a better alternative for now. That's a guaranteed return.

That's was the pundit's consensus 2 years ago and last year. Why bother guessing? Set up an investing plan and stick with it. The rest is noise.

[tripods68]

That's was the pundit's consensus 2 years ago and last year. Why bother guessing? Set up an investing plan and stick with it. The rest is noise.

I am not suggesting to avoid investing in the market, it looks from reading he already is investing, and have extra money what to do. I'm suggesting the best approach with known guaranteed return on investment is to pay off the mortgage early.

[puck36]

I know it's an age old question but just wondering what you great forum participants think. I have about 100K left on my loan and eager to pay it off. At 3.875% and about 3 years into a 15 yr loan. No car payments and what little I have in CC debt is at 0% for 12 months. I currently try to put an extra $300 to $500 per month to the principal. Wondering if I should push myself to pay more or give any extra into stock market. Is that bubble going to burst, and when?? hmmm? Thanks in advance.

If you had a paid for house would you take out a mortgage to invest in your retirement?

You should be doing 15% into retirement and then whatever you have left over to pay off your mortgage.

[greenskeeper]

If you had a paid for house would you take out a mortgage to invest in your retirement?

The idea is that with no mortgage your COL is greatly reduced so you have less to save for retirement and more money to do so.

I understand the whole "you can't get back time" on retirement investments. It's just a different path to take.

Personally I have my 401k up to the employer match and a maxed out roth IRA.

This allows me to put $1500-2000 monthly extra towards my mortgage, which is on track to pay off a 30 year note in just over 10 years. I will be in my early 40s when this occurs. Then

I will then max out all retirement accounts.

[scfr]

Fast forward lots of years and I'm not complaining but not liking the pressure to re-allocate a higher percentage to income focused investment from equity. [The international component swings around like a rollercoaster] I don't want to hijack this thread, but how are SA participants allocating retirement investments?

snafu - Have you ever run numbers through this calculator? https://danielsolin.com/asset-allocation-questionnaire/

My situation is the opposite of yours. I used to feel pressured to allocate a larger percentage to equity, but I've grown comfortable that our allocation fits us. Our PAS score (you will find yours if you run the calculator I cited above) is 20. When/if my husband decides to close his business and we no longer need reserves to cash flow his business, that is when I will need to start fretting again about our asset allocation. But not until then.

I can't advise how you should invest, but I can advise that you shouldn't feel pressure from those who don't know your whole situation. For anyone who has read your posts here on SA it is obvious that you are a great thinker/analyzer, and you know what is best for you.

[corn18]

snafu - Have you ever run numbers through this calculator? https://danielsolin.com/asset-allocation-questionnaire/

My situation is the opposite of yours. I used to feel pressured to allocate a larger percentage to equity, but I've grown comfortable that our allocation fits us. Our PAS score (you will find yours if you run the calculator I cited above) is 20. When/if my husband decides to close his business and we no longer need reserves to cash flow his business, that is when I will need to start fretting again about our asset allocation. But not until then.

I can't advise how you should invest, but I can advise that you shouldn't feel pressure from those who don't know your whole situation. For anyone who has read your posts here on SA it is obvious that you are a great thinker/analyzer, and you know what is best for you.

That calculator you linked is very cool. I ran through it with my data and it said I should be 60/40 and I am at 60/40. Awesome sauce!

[greenskeeper]

snafu - Have you ever run numbers through this calculator? https://danielsolin.com/asset-allocation-questionnaire/

calculator says 90/10 and i'm at 80/20, close enough for me.