facebookShould I use my rental income to invest instead of paying my home loan? Rental income - $X Home loan - $Y Shortfall - $Z=Y-X = $300? - Seedly
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Anonymous

09 Aug 2020

Should I use my rental income to invest instead of paying my home loan? Rental income - $X Home loan - $Y Shortfall - $Z=Y-X = $300?

I understand that the basic idea is to place $X where it will perform better than CPF's 2.5%. Am thinking of putting this extra cash into StashAway or Endowus. What are your thoughts?

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    What are your thoughts?

    If you are confident you can outperform the loan's interest rate the go ahead. If not, the most prudent way is to finish paying off the debts first, then invest.

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