Most of the financial advice out there is focused on how you can pay off the mortgage on your home as quickly as possible, from making lump sum payments to switching to bi-weekly payments rather than monthly. However, there are a few things that you might want to consider before you put all of your financial efforts into paying off your mortgage as quickly as possible. Diversifying Your Investments Of course, paying off your mortgage as fast as possible has a number of obvious advantages. You will be able to own your home a lot sooner and you will decrease the amount of interest you pay over the years. However, are you diversifying your assets? Savvy investors know that they should decrease their risk by spreading their money into a number of different types of assets and investments so that they don’t have ”all their eggs in one basket.” If you have extra money and you want to invest it, you might want to make sure that you have a variety of investments including savings, stock
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