If you lose your job and the shares tank you'll have a real problem. Personally I'd reduce the risk. And also as Joe_90 says take a look at your outgoings.Thanks for your reply the problem I have is I purchased these shares and my home before I got married and had children and I haven't been able to put away money since, yes we will have the extra 400 a month if I do pay off mortgage but I know thats going to be swallowed up like the rest of it.
I have friends who had very valuable share portfolios, and large mortgages. Most of them still have large mortgages...
Start a pension and funnel the remainder of the monies into it in the most tax efficient manner possible
Only if you are paying tax at the top rate. Don't contribute to a pension at the lower rate.
Brendan
Why do you say this?
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