Should I Pay Down My Mortgage Or Buy Stocks?
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Top Comments (10)
Paid off mine in 2020. Haven't regretted it once
The freedom and piece of mind of not having a monthly mortgage payment is a huge value in itself.
It's a shame I was partying instead of working on this in my early 20's thank you for the content.
I’m on a fixed income so I prefer to pay off my house, I have about two years left to be mortgage free. (15yrs. total)
This is the best video I have seen on what to do with your money. Jasperet is right...everyone's situation is different and our goals are different. The questions he presents are awesome. And allows a person to analyze their own situation.
Just paid off my mortgage a few days ago. The feeling is surreal as it hasn't quite hit me yet, but when I called the bank to do a pay off, I felt really proud of myself. Now, I'm just focused on saving and investing aggressively.
Pay off your mortgage then buy stocks.
One thing I’ve learned during the course of my investment is this: you HAVE to invest. Once you understand that every year you start losing purchasing power, you need to make money work for you to keep up with the cost of living. Otherwise you’ll end up losing gains and be beating out of future protection. Yes it’s risky, but you have to do it.
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.co/market/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Wake up tomorrow and your stocks are gone. At least with a Mortgage, you still wake up in your home.
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Top Comments (10)
Paid off mine in 2020. Haven't regretted it once
The freedom and piece of mind of not having a monthly mortgage payment is a huge value in itself.
It's a shame I was partying instead of working on this in my early 20's thank you for the content.
I’m on a fixed income so I prefer to pay off my house, I have about two years left to be mortgage free. (15yrs. total)
This is the best video I have seen on what to do with your money. Jasperet is right...everyone's situation is different and our goals are different. The questions he presents are awesome. And allows a person to analyze their own situation.
Just paid off my mortgage a few days ago. The feeling is surreal as it hasn't quite hit me yet, but when I called the bank to do a pay off, I felt really proud of myself. Now, I'm just focused on saving and investing aggressively.
Pay off your mortgage then buy stocks.
One thing I’ve learned during the course of my investment is this: you HAVE to invest. Once you understand that every year you start losing purchasing power, you need to make money work for you to keep up with the cost of living. Otherwise you’ll end up losing gains and be beating out of future protection. Yes it’s risky, but you have to do it.
Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.co/market/jaspreet WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Wake up tomorrow and your stocks are gone. At least with a Mortgage, you still wake up in your home.