Quote:
Originally Posted by TboneS54
But if you invest the differential into stocks, you'll make much more than $25k in 15 years.
With rates this low, a 15 year is not worth it. Do a 30 yr and grow your stock portfolio simultaneously imo.
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I would normally agree, but I really don't know what the next 5-10 years holds for America with what we have seen over the past year. I know that 15 years is long enough that it should correct anything if you look at historical trends, but we are seeing some pretty unique things happening with the world as of late. The market is really high right now anyway so I would probably just hold the excess and wait for the next mini recession
I have pretty much all of my retirement in equity otherwise it would be a no brainer, just thinking of some diversity, and I'm pretty sure I am going with the 15y after giving it a lot of thought and running some numbers.