We paid cash for our home 10 years ago and I thank the lord we did.
“We paid cash for our home 10 years ago and I thank the lord we did.”
During that time my stocks have been providing 3% dividends each year while the stocks have more than doubled.
The dividends are qualified due to having held the stocks over a year so have special low/zero tax rates.
Till recently the mortgage interest was deductible.
Built a new home when we retired 10 years ago and paid cash for it all.
We have never regretted it.
It’s always good to be debt free.