[kaehurowing]

My wife and I have been debating paying off our mortgage versus putting money in the markets.

We’ve decided to pay off our mortgage so we’ll be debt-free when the crash happens.

[MHGinTN]

When the ‘crash’ happens, it weill be a total collapse, so whether your mortgage is apid or not is not even a concern. Invest in people. Invest in food and help for others. And if you need them, buy a few tools to defend you and the family when the lights go out and the water stops and the groceries are wastelands.

[RKBA Democrat]

Wise plan.. No bank pays the interest as high as your mortgage rate.

[DB]

If a crash really happens, dollars will be worthless. It won't be hard paying off your mortgage with worthless dollars. The bank won't be around to pay back either.

So if you really believe in economic Armageddon, barrow as much as you can... You won't be paying it back...

[dsc]

“We’ve decided to pay off our mortgage so we’ll be debt-free when the crash happens.”

Really?

Wouldn’t it be better to put everything you have into goods that have intrinsic value?

[Titan Magroyne]

A quick check reveals that you received ample replies to your original comment even tho it was not a question but a brief, seemingly non-controversial statement: paying off your mortgage instead of investing, so as to be debt-free.

IMO, the peace of mind of owing nothing to nobody goes highly under-rated.

Congratulations for your decision, & may you find success in your endeavors!

[proud American in Canada]

Excellent idea. Be debt-free, and buy gold and silver.

[ladyjane]

My wife and I have been debating paying off our mortgage versus putting money in the markets.

Putting money in the market when it is at its high? Definitely not a good idea.