Financial dilemma: Mortgage payoff vs. VOO investing
Hi everyone. I'm genuinely curious to hear what others would do in this situation.
Let's say your primary mortgage has a remaining balance of $1 million at a 5.2% interest rate. If you received a windfall, would you:
- Pay off the mortgage, or
- Invest the money in the market instead?
I'm interested in hearing the reasoning behind your choice and what you think would be the more advantageous approach
u/Accomplished_Cat9478 — 1 day ago