Quote:
Originally Posted by CFrance
Ja. Our financial advisor/broker was going to throttle us if we paid cash for our house. Much better return on investments than the interest rate on our mortgage.
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The return is only better if you take risk. It is likely you can earn more than the mortgage rate with minimal risk, but the risk is still there. A fixed income investment will not yield more than the debt incurred.
if you pay cash for your house you are reducing your available investable assets. This reduces the potential income of a financial advisor.