We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Invest or Overpay Remortgage

mark55man · 2013-12-19 21:18:23

Long preamble - short question !! At a bit of a loss as to which board to post this, could have been DFW, MFW, or this one. I figured the investment board would be best. I was on a 10 year fixed rate 4.99% from 2009 (on a 15 year mortgage) - I needed a fix as money was tight, and I forecast long term raised…

Comments

jimjames Posts: 18,934 Forumite

29 December 2013 at 10:06AM

The choice I have made is to invest in ISAs to the full to build a mixed portfolio but I am nearly 100% equity with tiny bond exposure rather than pay off mortgage early. I now have almost 3x the outstanding mortgage in my portfolio and 12 years of 25 year term remaining. Made a few bad decisions along the way but life is all for learning!

Remember the saying: if it looks too good to be true it almost certainly is.
0