Do I Regret Paying Off My Mortgage Early At 25?

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[nancydickson]

*EVERY FAMILY HAS SOMEONE WHO BREAKS THE CHAIN OF POVERTY IN THAT FAMILY, I PRAY YOU BE THE ONE*

[irneseip]

Mrs Sofia is the best, recommending her to all beginners who wants to recover from their losses and gain more like I did through her strategies.

[richardobrien]

Robert Kyosaki (Rich Dad Poor Dad) recommends you don’t pay out on a mortgage but to accumulate income generating assets. I have paid off our mortgage personally and now I’m using the extra income to try and speed up investing for retirement now. Personally my ultimate priority in hindsight was to put a roof over my head over and above all else but as you say there are pros and cons to either way. Stocks grow at a higher rate than property generally and you don’t have the hassle and running expense. Now we have crypto too the gains could be faster but there is risk. Swings and roundabouts I guess?!

[thomasorchard]

If you do regret paying off your mortgage, GOOD NEWS: your bank will gladly lend you that money back through a HELOC or reverse mortgage.

[newelljesper]

You know you could work for 40yrs to have $1M in your retirement, meanwhile some people are putting thousands of dollars in a meme coin and now they are multimillionaires.

[peterjna]

I don't. I'm in the mortgage/ real estate industry. I can sleep well at night.

[ksoonsoon]

I wish you would have a more structured method of communicating your messages. More of a A-B-C 1, 2, 3 kinda thing than what comes across as a more disjointed adhoc ramble to the end.

[briandouglasredfield]

It’s an interesting thought exercise. Lots of variables. I have a 3% mortgage but the peace of mind aspect tells me to drive to Wells Fargo and pay it off asap.

[bettyhartman]

I joined ICO of posschain too. it will be enough for me if it makes x10

[fightingback]

Boy I wish I paid off house was my biggest problem..

[cheetos_]

man, god is on your shoulders I watch all of your videos, thank you so much keep it up my goal is to pay off my car after I get my taxes so I don't have to pay interest on a lowan anymore, then I want to invest that money into the stock market more

[wilmadurham]

I just purchased 15k posschain token. I will wait for 6 months for it to rise to $10

[sercan]

If I had the cash and some more runway I would probably do the same. No debt, no stress. There is no guarantee that investments will make money, but with the high inflation environment right now, in hindsight, mortgage looks like it would have been great if you could refinance at near zero interest rate.

[darrellsandoval]

I am investing on blockchain projects since 2018. I bought posschain for $2000, it will skyrocket during the bull season.

[billknox]

if this posschain rises like mana and does x30, I'll get 500k usd

[adamrust]

I recently did this exact same thing. Just set up my 1st position heloc a couple months ago. Now I have tons of liquidity ready to pounce on good buys and it’s not costing me anything while I’m not using it. If I draw some out to invest in real estate or crypto and then make some gains on that, then I can repay that balance on the heloc and then draw it out again to invest in the next thing and so on and so on. I think it’s a great strategy. I’m also pairing it with a strategy of borrowing against cash value in a whole life insurance policy (infinite banking). These two strategies put together make a powerful investing tool box.

[StevenClarkeRealEstate]

That haircut is FIRE! hahah great video !

[Av-vdwk]

$1, 000 mortgage? How much was your house? 300k?

[GreenAlienGirl]

Buying primary residence cash is money well spent. You can monetize peace of mind.

[mikests]

You still need to show proof of employment, when you take equity out of your house, dont you.