Quote:
Originally Posted by supafamous
For those of you on a variable how are you deciding to do a lump sum or not at this point particularly if it involves selling stock? I'm expecting rates to keep going up a bit more and while I can afford the payments I am sitting on a sizeable chunk of Amazon stock that, while down from its peak, is worth far more than what I got it for years ago. I could knock as much as 10 years off my mortgage I can lump sum all of it.
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I need to dump in big 6 figure sums to make a huge difference, so if I had money I rather just hold on and invest at this point.
There's also a limit on how much you can lump sum at a time.