Reply #29: Thank you for posting these news stories, Finnfan. Perhaps, if one can, one should pay off mortgages

[David Zephyr]

I pulled out of the stock market in May of 2007 and posted here when I did it. I worried the rest of the year that I had possibly made a mistake, but the volatility in the Asian markets early last year was just too much for my nerves. Now, in hindsight, it was a wise decision for me.

Still, with the dollar falling, inflation rising and banks scaring the living hell out of people, it may be a good time for people just to put their investments into paying off their mortgages. Why? You can't lose your home if it is paid for, where you can lose your money if it is in equities, bonds or uninsured accounts.

Everyone needs to be very watchful now.