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15 Year Mortgages Are A SCAM... Go 30 Year & Invest The Difference
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*****
00:00 - Intro
00:56 - Bankrate.com the 15 year and 30 year mortgage rates.
01:15 - 30 year mortgage payment vs 15 year mortgage payment.
02:39 - What is the difference and what to do with it.
03:11 - My mortgage amortization calculator.
04:12 - Return on investment calculator.
05:22 - Pay off your mortgage or invest?
08:05 - Cash is king, not equity. Time in the market, NOT timing the market.
F$R Mission Statement:
To help individuals and families develop empowering beliefs and emotions about money and teach them the necessary skills to become self-reliant, build wealth, and live a life of abundance.
*****
Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.
Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.
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#FinancialSelfReliance #FSR #FinancialEducation #FinancialIndependence #FinancialLiteracy #FinancialFreedom #MoneyMatters #FinancialPlanning #dividend #dividends #dividendinvesting
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