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<p>[QUOTE=&quot;medoraman, post: 1669789, member: 26302&quot;]It depends. But that isn&#039;t what was proposed. It was whether to not invest in anything to pay off a mortgage. </p><p><br /></p><p>Lets break it down. A 15 year mortgage is a little over 3% today. Given an average tax rate that takes its real cost down to 2%. You are making 2% guaranteed by paying off the mortgage. If that sounds like a wonderful return, then feel free. Myself, instead of paying it off early I started a brokerage account. That account now has enough to pay off my mortgage, but I prefer to leave it where it is and pay the 2% effective mortgage interest rate. </p><p><br /></p><p>So, its a personal choice. At such a low rate of &quot;return&quot; from the mortgage, I simply believe its more prudent to diversify your investment mix. Your mileage may vary. I see you are in TN, since you have no state income tax, your &quot;return&quot; paying down the mortgage would be higher.[/QUOTE]</p><p><br /></p>

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