Please or to access all these features

Investments

Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.

Pay a bit of my mortgage or save into investment fund

3 replies

marshmallowmix · 29/01/2025 10:01

Which is best am trying to work through the numbers bu think it is close...my mortgage is 5.5% at moment that I am paying, I have savings in a F&C investment trust bit can't work out the rate of return on the investment trust to compare the two...

I feel I may be better paying off mortgage than investing...can anyone help?

Thanks

OP posts:
Mmhmmn · 29/01/2025 10:04

My only two bits worth is that you know you can reduce your mortgage by paying into that. Investments can be EXPECTED to make X% over time but returns are not guaranteed. Warren Buffet says it’s not timing the market, but time IN the market ie needs to be in investments for a long tome to give good returns.
Could you put a bit toward both?

marshmallowmix · 29/01/2025 10:34

I am trying to decide between one or the other at moment...🙂

OP posts:
Quitelikeit · 29/01/2025 10:38

google msc overpayment calculator

it’s so simple to use and there’s a little bit for investments (poss predict a 4% growth)

it takes less than a minute

brilliant tool

New posts on this thread. Refresh page