Inheriting $150K? Invest or Pay Off Your Mortage
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Inheriting $150,000 at 34? Before investing, consider whether paying down your home loan could be a better option. Reducing debt can save you interest, while investing in shares comes with market risk and no guaranteed returns. Buying an investment property with borrowed money also increases your debt and concentrates your wealth in one asset. The right decision depends on your financial position, goals and risk tolerance. Think carefully before making a major financial decision. #InvestingAustralia #Mortgage #WealthBuilding #FinancialLiteracy #robgoudie Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.
Disclaimer || The information provided in this post is general in nature only and does not constitute personal financial advice. Robert Goudie is an Authorised Representative (No. 235974) of AFSL 495401.
The information provided in this article is general in nature only and does not constitute personal financial advice.