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Shares / Re: TFSA vs Homeloan
« on: February 29, 2016, 01:23:11 pm »
I've been pretty aggressive with my homeloan. With the extra payments every time the interest rates have gone up my repayment has gone down. But I did neglect the TFSA. So my entire extra payment for march went towards the TFSA.
But its a question I've often pondered upon. All the websites refer to the low interest rates in America and how it makes sense to not pay up the cheap loan. But our situation here is high interest rates.
But its a question I've often pondered upon. All the websites refer to the low interest rates in America and how it makes sense to not pay up the cheap loan. But our situation here is high interest rates.