Reply to post:

'My dream job at Oracle left me homeless!' – A techie's relocation horror tale

Anonymous Coward
Anonymous Coward

Better to pay off the Mortgage than have savings plus a huge debt.

I actually made the conscious decision to do the opposite of that.

While I've been running my mortgage, I've been able to build up a decent amount in savings/investments. As I said in my previous post, they are returning double-digit percentages of growth...interest rates for the past few years have been crazily low.

What I make from investments far outweighs what I pay interest on the mortgage.

And I always have the option, if I need it, of taking cash from savings to clear the mortgage.

Like I said, seek out some advice and planning for what's best for you

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