The Minority Mindset Show

Should I Pay Down My Mortgage Or Buy Stocks

02.29.2024 - By minoritymindsetPlay

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Deciding whether to pay extra on your mortgage or invest can be confusing. This episode breaks down how your risk tolerance, financial goals, mortgage rate, and investing skill should guide your decision. Some questions to ask yourself:

Can I withstand volatility for potential higher returns?

Do I just want financial security or aim for lavish wealth through aggressive investing?

Is my rate low where investing wins or high where paying it down faster appeals?

Do II understand how to invest properly or should I start smaller?

Learn why both options have merits and how you can blend strategies. Discover how to leverage high-yield savings if those rates exceed your loan. Gain insight on how home equity differs from assets that truly build wealth over time. Tune in to stop second-guessing paying your house off faster versus buying assets—you can now create a balanced plan tailored to your big picture wealth goals.

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Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

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