Quote:
Originally Posted by retiredguy123
It would not make financial sense to borrow money at more than 7 percent interest to invest it, which is what you are doing by not paying off the bond. If you know that you will never sell the house, the best financial decision is to pay it off.
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I agree.... unless you can find a financial advisor that will
guarantee that you can make 4 to5% over what you are paying for the bond why take the chance....double digit % returns are not easy without taking risks....and I was always taught take the risk when you are young and still working