Sign up to save your podcasts
Or
Share Pay off debt or invest... how about both!
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Pay off debt or invest... how about both!
In this episode, Michael tackles the question of should you focus of paying debt (or your mortgage) quicker by making extra repayments, or should you invest.
He looks at different options, such as:
- Clearing off high interest debt.
- Invest in cash producing assets. Once the cash flow from the investments pays for your mortgage, you will be effectively mortgage free.
- Start making extra repayments on your debt and track it as an investment. Effectively borrow against your investment portfolio, with a promise to pay it back, plus interest.
View all episodes
By Michael Houghton
5
44 ratings
In this episode, Michael tackles the question of should you focus of paying debt (or your mortgage) quicker by making extra repayments, or should you invest.
He looks at different options, such as:
- Clearing off high interest debt.
- Invest in cash producing assets. Once the cash flow from the investments pays for your mortgage, you will be effectively mortgage free.
- Start making extra repayments on your debt and track it as an investment. Effectively borrow against your investment portfolio, with a promise to pay it back, plus interest.
More shows like The Irish FIRE Podcast
View all
Money Clinic with Claer Barrett
52 Listeners
The Meaningful Money Personal Finance Podcast
90 Listeners
OTB Rugby
101 Listeners
The Last Word with Matt Cooper
57 Listeners
Callan's Kicks
64 Listeners
Informed Decisions Independent Financial Planning & Money Podcast
5 Listeners
Real Health with Karl Henry
37 Listeners
The David McWilliams Podcast
369 Listeners
Brendan O'Connor
91 Listeners
The Other Hand
43 Listeners
In The News
51 Listeners
Path to Power
29 Listeners
Making Money
10 Listeners
Many Happy Returns
35 Listeners
Ask About Wealth
0 Listeners