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Other Points to Consider
The following list of questions may help you decide which option is best for you:
The Middle Ground
If you need to invest for an important goal, but also want the satisfaction of paying down your mortgage, there’s no reason you can’t do both. Work with your financial advisor to allocate part of your available cash toward one goal, and put the rest toward the other. And remember, no matter what you decide now, you can always reprioritize your goals at a later time to reflect changes in your life circumstances, market conditions, and interest rates.
Ambassador Advisors is a Registered Investment Advisor. Securities offered through American Portfolios Financial Services, Inc. of Holbrook, NY, 631-439-4600 (APFS), member FINRA, SIPC. Investment Advisory Services offered through Ambassador Advisors, LLC. Ambassador Advisors is not owned or operated by APFS.
Any opinions expressed in this forum are not the opinion or view of Ambassador Advisors or American Portfolios Financial Services, Inc. (APFS). They have not been reviewed by either firm for completeness or accuracy. These opinions are subject to change at any time without notice. Any comments or postings are provided for informational purposes only and do not constitute an offer or a recommendation to buy or sell securities or other financial instruments. Readers should conduct their own review and exercise judgment prior to investing. Investments are not guaranteed, involve risk and may result in a loss of principal. Past performance does not guarantee future results. Investments are not suitable for all types of investors.