Mortgages vs Investing
Mortgage vs Investing In FIRE communities there is a question asked daily; should one pay their mortgage off as soon as possible, or use that spare money to invest? For the last couple of decades, it has made sense, for many people, to invest in the stock market, as even passive index funds would generallyContinue reading “Mortgages vs Investing”
Part 140
Hello and welcome back to Mortgage Advisor on FIRE. This week, I discuss wealth and share my thoughts on the super wealthy. Also, some thoughts on how my ISA balance and residential mortgage balance may crossover in just a couple of years. More Tory Shambles, and another exhausting week. Weekly Update Another exhausting week. I’mContinue reading “Part 140”
A few thoughts on mortgages…
1980 In 1980 the average UK wage was roughly £6,000 p/a. The average UK house price was approximately £23,300. 2022 The average full-time salary in the UK is now £31,000, there or thereabouts. The average house price; £281,000. Wages increased by 416%. Property prices increased by 1,106% Something went wrong. Forty years ago, a personContinue reading “A few thoughts on mortgages…”
- Jul 2022
- Jun 2022
- May 2022
- Apr 2022
- Mar 2022
- Feb 2022
- Jan 2022
- Dec 2021
- Nov 2021
- Oct 2021
- Sep 2021
- Aug 2021
- Jul 2021
- Jun 2021
- May 2021
- Apr 2021
- Mar 2021
- Feb 2021
- Jan 2021
- Dec 2020
- Nov 2020
- Oct 2020
- Sep 2020
- Aug 2020
- Jul 2020
- Jun 2020
- May 2020
- Apr 2020
- Mar 2020
- Feb 2020
- Jan 2020
- Dec 2019
- Nov 2019
Mortgage Advisor on FIRE. 