Quote:
Originally Posted by Brwne
We decided to carry a mortgage at these low rates because investment returns are generally higher. The caveat - the cash you would have used to pay off the mortgage (and the Bond?) must be invested and not spent.
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We plan on doing the same thing, for these reasons and one other. If I give in to the current requests for consulting piling up, the mortgage will help write-off the additional income. Primary residence interest rates remain at historic lows, so the difference between even what conservative investments can make (albeit, I've been leery of the inflated market on equities before the pandemic and only seeing it get worse, once the full ramifications are recognized by Wall Street) and the interest paid on a small mortgage, makes sense for us.