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Offset V Shares V Savings
tight_as_a_ducks
Posts: 21 Forumite
Cant make my mind up about offsetting!. If you had enough to pay off your mortgage in shares would it be best to just pay the mortgage and have done with it or transfer the shares into savings and use this to offset.
Any advice Please
Any advice Please
0
Comments
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If you transferred the shares into savings and offset you could withdraw the money anytime you needed. Once you've paid off the mortgage its gone, but so has the money.
Whether you keep the shares or not depends whether you think shares will perform better than your mortgage interest rate in the long term and your attitude to risk.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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