Been thinking of goals for 2013 lately and I'll give away this one now.
Pay down an extra $20k onto my mortgage. I'm able to make lump sum payments annually without penalty. Reason is because lending has gotten tighter here in Canada and interest rates are expected to rise in the coming years, and I plan on purchasing property again within the next year or two. As far as I know putting a lump sum down will lower my monthly payments, and when it comes time to move on to another home, lower payments on my current one will allow me to generate higher cash flow when I choose to put it up for rent.
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