Originally Posted by
ExtraSlow
I'm sure I wrote this elsewhere, but it's my opinion that for a "regular" individual, paying down your mortgage has a very attractive risk-adjusted return. Two main reasons. 1) there is no downside risk like there are in many other investments and 2) there is no tax on the savings, unlike potential taxable capital gains or other investment income.
Now sure, it's boring as hell and it may not be the single perfect highest return choice you can make, but most regular people don't choose that either. They do something suboptimal or excessively risky. Boring is good.