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  1. M

    Pay off 8.25% mortgage on land or max both my and my wife’s Roth?

    @eider Dave would say that using money in a brokerage rather than paying off your mortgage is the same as taking money out of your house to put in the stock market and always recommends paying off your house first. The most powerful evidence in my mind is from the largest study of millionaires...
  2. M

    Pay off 8.25% mortgage on land or max both my and my wife’s Roth?

    @eider Ramsey would say pay off the loan. Loans have risk too, so that needs to be factored in to the cost:benefit analysis. I would pay the loan off as fast as possible. You’re not even losing much compared to the market. Would you take out an 8.25% mortgage on your house to put it in the market?
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