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What would you do with extra capital you have?
would you put more in your 401K, IRA, and investments, or would you put more toward unsecured debt?
unsecured debt….
And when would you say this, I also should have said that the rate of growth or the interest is about the same for the amount of money owed of invested. Plus you can write off debt, but I can only write off money lost in investing.
I would put it in my mortgage bond. Unsecured debt would be my first choice if the interest rate on this was higher than my bond (which it normally would be).
I like putting extra money in my bond, because I can withdraw the additional payments when I need it.
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