Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (11)
Should you be paying off the cheapest housing loan in town and assuming the house is your only residential home and there is no intention to monetise it during your last phase of your life on Hotel Earth?
The more you read from different sources you may become blur instead of becoming clearer.
Opportunity and Outcome
The moment we have fully pay up our only residential home. It is a definite and positive outcome. We have owned the home outright and unencumbered.
When we choose to take the longest loan and use the excess cash to invest. This excess cash just present an opportunity. What looks like great opportunity initially may not actually end up with positive outcome. This is the truth in the market. How many times have we turned our opportunities into disasters? ......
