Is it better to pay down a mortgage or invest in an rrsp


Question: Julia believes that paying down her mortgage is a better strategy than contributing to an RRSP. Before she makes a final decision of what to do with her employment bonus for this year, she does an internet search for "Is it better to pay down a mortgage or invest in an RRSP?" She glances at the page and chooses the second link, entitled "More people choose to pay down mortgage than contribute to RRSPs", while skipping over the first link entitled "RRSP Contribution First, Mortgage Repayment Second." Given the link she chose first, what kind of bias might Julia be exhibiting? Availability Bias Self-Serving Bias Confirmation Bias Outcome Bias

 

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Business Law and Ethics: Is it better to pay down a mortgage or invest in an rrsp
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