Looking for some advice: I have about $350k saved, currently invested in a managed brokerage account, I have a 30 year mortgage balance of about $460k on my home with an interest of 5.12% and 27 years remaining. Would you say, I payoff part off my mortgage balance with my savings or continue to invest on brokerage? I have had success of about 10-12% growth in brokerage. I know based on the math, I should continue to invest the money, but the guilt of keeping 460k in mortgage keeps me awake

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Keep the investment money. If you want to pay an extra mortgage payment each year or add a little to your payment to accelerate it and reduce interest over time, that’s a reasonable approach. But keep in mind that in addition to making more on your brokerage account than you’re paying in mortgage interest, you also can write off the mortgage interest in your taxes.

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No, don’t put it down on your house. What will probably do you better is to wait to see if interest rates drop then refinance. How do you even know if this is your final home that you’re going to purchase?

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