- Denver, CO
- Votes |
Sell duplex to pay off primary???
I've been reading "The changing world order" by Ray Dalio, and listening to some podcasts related to the subject of the declining US empire, and I'll admit it has me wondering if everything we hold true about long-term investing may be in for a shakeup in the near future
What I'm trying to decide is, should I sell a rental duplex (I have 2) and pay off my primary as a defensive measure? My plan has always been to have these properties as long-term holds, and I know selling this early (purchased in 2019 at 3.25%) and with such a low interest rate goes against conventional wisdomw, and I dont really want to, but as I learn more about where the US is in the long-term debt cycle, the more nervous I become about a catastrophic devaluation of the dollar, job loss, civil strife, etc
Can anyone offer any advice for how to model or weigh the options on something like this? I would be very appreciative!