Double Up on Mortgage Payments or invest more in TFSA?
Currently, it is cash flow positive where the rental income covers all costs (mortgage/property tax/strata) - but my mortgage went from 2.75% to 3.5%.
I am also investing in an ETF (VGRO) which is in my TFSA and my current strategy is DCA putting $1,000 a month.
I have about another $500 a month to invest, but after last year's ROI, it's got me thinking if I should put it into my mortgage instead?
Any insight will be helpful. Thank you.