Articles by Oakleigh Wealth
What’s with the name Oakleigh?
When I was 11, my family moved into a neighborhood called Oakleigh Forest, a modest, multi-generational, suburban community near Annapolis, MD made up of hard-working professionals, public servants, and small business owners. It also happened to be the same neighborhood where my father had grown up, and where my newly retired grandparents still resided in that same house down the street.
Invest or pay off debt?
No one likes the feeling of being indebted, whether it’s actual debt (student loans, mortgages, credit card…), or more generally in the sense of feeling an obligation to return some favor. And as this opening observation demonstrates, the decision of whether to pay down debt is often as much one of emotion as it is cold financial math. Therefore, answering the question of whether I should pay down my mortgage early or try to invest the savings in the market requires looking at both the math and the emotion of debt.