Originally Posted by
immolated
Wrong. Stashing $500k in a mutual fund and making $50k passively for the rest of my life feels better.
Throwing that money away into paying off a low or no % down property (FHA or VA loan especially) is a waste. You're literally losing almost $50k/yr by doing that, that's a bad feeling.
I’ve get both and I like both feelings. The stock market is a great place to park money, except when it’s not. Paying off your house is effectively diversification. The only negative is the argument that your home should be just that, not an investment.