I’m confused. If a fixed mortgage is 7%, wouldn’t it be better to invest in the stock market for an average of 10% in the long run. In this case, I could have a tax deductable while gaining in the stock market. So, should I pay off the mortgage asap or invest in the stock market?
What is the ‘sale of a loan receivable’ classified as on the statement of cash flows? Operating, financing, or investing? I don’t think it’s financing. Can anyone confirm this is actually investing?
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