Pay Off My House Or Invest?

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[BrendaColin-vg]

Tbh with that income pay off your house sooner than later. Because when you start to make that kind of money, those types of jobs are volatile.

[FlyWithVeiga]

Making $400, 000 at 25? This guy is a star! 🔥

[michelebonnett]

I love Jade! She's a beacon and warm person who resonates with so many viewers. Keep on going, Angel Jade, we love you!

[JayMomoa-]

I’m 53 and have about $225k liquid in savings which I plan to put towards becoming a homeowner, but based on the current high prices on real estate, do you suggest I hold from buying and look at dividend paying stocks instead?

[TimmyD]

Is he even eligible to contribute to Roth IRA making $400k? Thought the upper limit was $160k to contribute...I'm no expert.

[JustinCase]

He's 25 years old and should kick up his 401k's to 20-25%. He knows it. The house payment is static. He's got time on his side with compounding.

[lkjg]

With his income, this guy needs to hang up the phone and go talk with a REAL financial advisor.

[joe-kqp]

As a new dad, I'm weighing my options: invest in promising stocks like NVDA, TSM, AMD, and AVGO, or buy a single-family home in Santa Clara, despite soaring real estate prices. I relocated from Tampa a few years ago and am unsure if I should wait for a market correction.

[BrianW]

I saw an episode of the MoneyGuyShow last week where they said person in their 20's is a "billionaire of time", referring to there being over 1 billion seconds before retirement. Unless your mortgage interest rate is high, don't pay off the mortgage. Invest instead and let compound growth work harder for you than you will ever work yourself.

[tryleraaron]

Financial education is what we need right now for more than 70% of the society in the country as very few are literate on the subject. Thanks to Stacey Macken, the woman that changed my financial life.

[alexsteven.m]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[outdoorbasicph]

Love Jade and Ken’s vibe on this one. So happy for the guy!

[johnhwang]

$31 million assuming an avg of 10% return over 40 yrs. Key word is "assuming".

Paying off the mortgage is a guarantee return of your interest you will owe over time.

[SLangel]

People need to start thinking of their home as their first investment… it’s an asset and you want to secure it. The less you owe the better as you don’t have interest to be accumulating until it’s paid. You want to have a home going up in value without that mortgage and interest costing you thousands!!

[kurifodomokuzai]

A house is a liability so that means you are going to wait 30 years before you start investing. This is a poor strategy. Start yesterday investing and along the way your investments will pay off your house early like I did. Paid off my home in 13 years by making payments of $200-$300 every week on top of the regular payments. This became a habit and I did not miss the weekly payments going toward the principal. This is how I done it and I'm 66 years young, still got my health, exercise daily, and got the money and toys to do whatever I want spontaneously. Oh yeah, no wife either to suck my money away and definitely don't be a simp!

[kvgolfa]

Stupid to only invest 15% at his income and being single. I would invest 50% easily and retire at age 40

[jeffreywhitaker]

This youngster is in Great shape. And 450K for a Houston house is great!!

[DF-X]

I invested enough to get the full employer match, and every penny after that went towards paying off my home. Got a 30 year paid off in 8 years, and now I can invest like crazy. Do your home first because even though the market can provide more, it isn't a sure thing, and saving on home interest is guaranteed. Plus, you secure a home for your family.

[raider]

I paid my mortgage off today, after 9 and a half years. Not having a mortgage is a massive weight off the shoulders.

[JasonFerreira]

Paying off your house is a weight off your shoulders, everyone should try. 🎉