Posted on: November 25, 2014

Pay off your mortgage or invest? How to figure out what’s best for you

In the perennial personal finance debate over whether you should pay off your mortgage or invest your savings, some take a firm stand.

“Second only to eliminating debt, paying off your mortgage is one of the most important steps to retiring richer,” says Kevin O’Leary, author of Cold Hard Truth on Family, Kids & Money. “In other words, forget about the stocks and bonds until you’ve eliminated your mortgage.”

Mr. O’Leary says maximizing your mortgage payments will be the safest investment you’ll ever make.

Read the full article on the Financial Post.