Looking for some perspectives from the community. If someone has a mortgage with an variable interest rate around 3–4% and also has extra monthly income available, what is generally the better financial decision: - Put the extra money toward paying down the mortgage faster, or - Invest the extra money into ETFs for long-term growth? On one hand, paying down the mortgage offers a guaranteed 3–4% return (risk-free). On the other hand, investing in diversified ETFs (like XEQT, VFV, etc.) could potentially generate higher long-term returns. From a purely financial perspective, how would you approach this decision? Would you prioritize: - Guaranteed 3–4% return (mortgage payoff), or - Potential 8%+ long-term market returns (ETF investing)? Would love to hear how others think about this and what strategy you personally follow.

Here are 3 signs: 1) Have a $1,000 Emergency fund...38% of Canadians don't 2) Little to No High-Interest Credit Card Debt...50% of Canadians carry this debt 3) You Invest...55% of Canadians don't invest in their RRSP or TFSA

Another one of my PDF's! The video is now online as well!

THE ONLY PURPOSE OF MONEY, IS TO USE YOUR MONEY, TO MAKE MORE MONEY!

Here is my referral code. https://pine.ca/referral/CZO4A For a limited time, refer a friend and you’ll both get up to $1,000. Just in the middle of switching to Pine Mortgage from BMO.