In this episode Mark discusses the pros and cons of paying off a low-interest mortgage with Doug Cunnington from the Mile High FI podcast. They address a listener's question about whether to pay off a 2.5% mortgage or invest the money elsewhere. 



The discussion includes various approaches, potential returns, and risk mitigation strategies. Mark and Doug also delve into scenarios related to market volatility, financial flexibility, and the psychological impact of mortgage debt. 



If you would like your question answered on the show, please send an email to [email protected] and put “podcast question” in the subject line.



Episode Links:



Mark’s Money Mind YouTube Channel



Mile High FI podcast



The Wonder of Compounding | Episode 011



Morningstar article: What We’ve Learned From 150 Years of Stock Market Crashes



Timestamps:




01:30 Listener's Mortgage Dilemma



02:39 Mark's Mortgage Insights



03:26 Financial Details Breakdown



08:55 Investment vs. Mortgage Payoff



09:55 Mark's Money Tree Analogy



17:13 AI's Financial Analysis



22:16 Mortgage Payoff vs. Investment Returns



22:56 Evaluating Net Worth and Stress Reduction



23:56 Securing Investments and Limiting Downside



26:19 Flexibility and Liquidity Considerations



27:13 Personal Experiences and Financial Insight



30:38 Market Trends and Historical Insights



36:41 Investment Strategies and Risk Management



39:59 Conclusion and Final Thoughts

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