Pay off mortgage or invest your cash?

A recent article published in the Vancouver Sun outlines how paying off your mortgage quicker is safer than investing your cash. The summary of their example calculations says that if the return on investment is lower than the interest rate of the mortgage, it is better to pay off the mortgage. Do you agree? Read the original article here: http://www.vancouversun.com/business/mortgages/Paying+mortgage+safer+than+investing+cash/8350700/story.html

Scott Alexander, BSc, MSc
Real Estate Sales Representative
Judy Marsales Real Estate Ltd., Brokerage
253 Wilson St E
Ancaster, ON L9G 2B8
Office: 905-648-6800
Fax: 905-648-6848
Web: http://www.judymarsales.com
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