Quote:
|
Originally Posted by mzsmbs
yeah, you're gonna have to do some math my friend.. right now i'd probably pay the principle.. stock market ain't real hot right now..
|
on the contrary, unless you are about to retire next week, that is exactly why you need to be investing in the market right now. a weak market is a market on sale. get more shares per dollar while you can.
the weak market prices you see now are NOT your prices. these are the prices of someone SELLING today. You are a buyer! take advantage of this sale.
I believe there is a housing bubble. at some point everyone who wants to buy a house (or Miata or couch or iPods, etc) will have one and it is at that point that the market will deflate. Don't pay down your mortgage. chances are you will or will not move within a few years but you will definitely retire in a few years.