Pay Off Mortgage vs Invest: Which is Better?
Description
The Great Australian Dream is harder to achieve than ever - but is it really the best way of using your money?
🙌 Congratulations, you've bought your own home! And you're saving money each month!
❓ So should you use your saved money to pay down your mortgage or INVEST?
🏠 With high interest rates, it's tempting to put investing on the backburner, focusing instead on PAYING OFF your PPOR mortgage.
💨 But is there a faster way of paying off your home loan, and escaping the 30 year mortgage TRAP?
Find out how!
Discussion Points:
00:00 : Introduction
03:33 : Introduce investing as an option
05:21 : Explaining to your partner why you have another mortgage!
06:40 : Don’t trust property investing? Trust data instead
09:29 : Combine affordability with long-term data
10:41 : Trust in a pattern of reliability
14:00 : Other ways to pay off your mortgage faster
14:51 : Conclusion
About The Host:
Subscribe to Aus Property Mastery with PK for no BS, “straight to the point” property investing strategies and data-driven insights about the Australian housing market - the only property podcast not biased by a “Buyers Agent”. You can listen to Aus Property Mastery on Apple Podcasts, Spotify & YouTube Music.
PK Gupta is the founder of the Property Investment Accelerator — Australia's #1 Rated And ONLY 100% Independent Real Estate Course & Mentorship Program that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.
Resources:
- Watch FREE Trainings On Our Website 👉 https://consultingbypk.com.au/
- Get Suburb Tips & FREE STRATEGIES In Our Private Facebook Community With Over 50,000 Clients & Investors 👉 https://www.facebook.com/groups/passiveincomethroughproperty
- Watch No Nonsense Property Market Insights On Our YouTube Channel 👉 https://www.youtube.com/c/AustralianPropertyMasterywithPKGupta
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