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Don’t be fooled by these 9 common money myths, finance gurus say

Cover of  by Brian Portnoy

In some ways, this is a math problem, said Brian Portnoy, an expert on the psychology of money and author of “The Geometry of Wealth.”

Conventional thinking holds, where can you get the highest return with your extra money? If your mortgage interest rate exceeds your likely return in the market, it generally makes sense to pay off the mortgage faster.

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