Paying Down Mortgage vs Investing Your Money
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- 1:42Should You Pay Off Your Mortgage?by moneywatch440 views
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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
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
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"
Go To Site:
NiceGuysToWiseGuys (dotcom)
(Has Men's Blog TOO!... Priceless)
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