Quote:
Originally Posted by oldgoldy97
What would be the best option:
Sell a stock and pay off a mortgage that no longer gives a tax break.
Sell the stock and buy an ETF that pays a decent dividend and use that to pay the mortgage payment monthly until it’s paid off.
Keep the stock and reinvest the current dividends and then hope the stock rebounds in 10-20 years.
|
I would think that depends on the rate on your mortgage. If that rate is 3% then the money in hand should provide a better return than the interest savings.