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In this example you will save 145,000 dollars in interest. Unless you're starting with a large sum of money, the money invested won't exceed the interest saved from paying the mortgage off early. Also, paying extra will help a person become accustomed to spending less money each month once the mortgage is paid off. Mortgage paid sooner = more debt free years to save for retirement WITHOUT the risk you would have in the stock market. Paying a mortgage off early is a safe bet!
cessna421ace 6 months ago
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Invest in houses during the gas industry boom in Venango County PA! Houses are inexpensive at the moment, but as business rush here to take advantage of the gas boom, this won't last. So check out Oil City PA now and invest in this upcoming market.
venangocountynow 6 months ago
You got a point the advantages of investing. However, it still depends on the market conditions.
spectrum2000now 11 months ago
Live in your moms basement and save money.
flagship21 1 year ago
worthless video and worthless advice
THERE IS NO SUCH THING AS GOOD DEBT, DEBT MAKES U AN ENDENTURED SERVANT !!!
buzznews1 1 year ago
: 1.21 kind of like yourself granddad.
Freddie1980 1 year ago
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Gretadfs 2 years ago
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mannyfeseha 3 years ago
Not a bad video, but it depends on the way you look at the current market conditions. If u invest now, you are investing in stocks/etc at a much cheaper price since the market is down, but most are scared of the potential for a market crash or huge loss. So be mindful of all aspects of investing vs. paying down a mortgage.
bjackson99 3 years ago
HILARIOUS!!! See "The Game" to "Get The Girls"
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EbeEazy 3 years ago
You didn't figure in risk with this and once you do, Paying off house early if far better.
PCTechView 3 years ago
Investing is not a good idea right now. Pay down the mortgage. You will save money for sure!
kmcl11 3 years ago