With the current low mortgage rates, I am finding a lot of my members have the same question: should I try pay down my mortgage faster, or should I start/continue investing in my future? My answer is always the same: it depends! The reason I cannot give a definitive answer is due to the number of factors that make each of us unique. In this blog, I would like to share some of the factors I consider when giving advice to my members, and I am hoping I am able to help more people make the decision that is right for them.
Recent posts by Thomas Rathonyi
4 min read
Should I pay off my mortgage or invest more?
By Thomas Rathonyi on Jun 24, 2021 9:58:21 AM
Topics: Financial Literacy Personal Budget Financial Advice Financial Planning
3 min read
Stop ducking and start 2021 with a plan
By Thomas Rathonyi on Jan 11, 2021 3:48:25 PM
“An ounce of prevention is better than a pound of cure.” So said Benjamin Franklin, who didn’t have to live through 2020 and eat his way through 32 pounds of home-baked bread. But he was on to something. What he suggested was that we should deal with a problem by putting in a bit of time and planning upfront, instead of constantly ducking like we’re living in a real-life game of whack-a-mole.