Pay Off Mortgage Early or Invest?

Should you pay off your mortgage early or invest?
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Ah, yes. The age-old question. Paying off your mortgage early, or investing the difference into investments.
The thought of having decades of debt hanging over your head in the form of a mortgage may scare you.
This makes it a natural decision to want to pay it off as soon as possible.
But is this really the best financial move?
In this video we'll talk about:
The emotional side of this decision.
The mathematical side of this decision.
The pros and cons of paying off your mortgage early.
And as always, I give my thoughts at the end!
P.S. - I’ve never heard anyone complain about having a paid-off house ;)
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Instrumental Produced By "iAmHaywood" on IG
⏰ Timestamps ⏰:
0:00 - Introduction
0:26 - Pay off Mortgage Or Invest Poll
1:05 - Interest Rates vs. ROI
2:43 - Prepay Monthly vs. Invest
4:16 - The Reality of Investing vs Debt
5:30 - Pros and Cons of Paying off a mortgage early
7:42 - My Thoughts about paying off a mortgage early vs investing
10:36 - Happy Jim and Overleveraged Oscar
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
#Investing
#PersonalFinance
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

[@WhiteBoardFinance]

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[@dr.samirshaikh3363]

@marko-whiteboard finance what about business mortgage of 30 years at interest rate of 4.5%?Does this also needs to be paid off or invest that extra money? Thank you for amazing video

[@jerrydouglas1527]

For assistance, communicate with Hamilton on ₩hatsapp

[@jerrydouglas1527]

+ 1 9 7 3 5 2 4 6 6 9 2

[@plebinil]

500k subs.

[@jayfizzle2686]

That little story at the end seems an awful lot like meet Kevin, the guy with 20 homes who thinks they’re all gonna pay him!!! Enjoy you sharing your knowledge homie!!!

[@James.......]

I'm the Jim of March 2020. My wife & I said countless times last year how happy we were that we paid our house off in 6 years. I lost 70% of my income in 2020 but we were never financially stressed.

[@augl1300]

“The numbers don’t lie...unless you’re Enron.” Savage.

[@elcaballerosv7956]

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[@elcaballerosv7956]

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[@makeupviews]

😂😂😂

[@ExistNNature]

🤣

[@tulio3571]

I think his numbers are lying too.

[@sherryie2]

I follow and love your videos. sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the most challenging phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

[@polinaivanova6610]

Investing so much in emerging companies is a horrible decision. BTW, I commend Gary's trading pattern too. Different perspective, different technique

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[@douglaswilliams5794]

It is best to balance paying off your mortgage WITH investing. Consider the mortgage being linked to your overall portfolio.

[@syrentertainment135]

🎯

[@timpoolsbeanie2296]

Agreed. Having 100% equity in your home allows you to be more flexible with cash flow and creates opportunity to invest more than you would have being tied down to a mortgage.

[@boxraw1603]

100% I do my 5% work 401k match max out Roth $6k and anything extra on that I throw at the principle that way I’m getting both of benefits still then once that mortgage is gone going bananas on my investments

[@Adrian0-tx9nb]

Right on!! I view it as a saving account.

[@victorsr6708]

I’m 54 and paid off my house in my late 30’s and have never looked back. The freedom you buy yourself is priceless. By doing that I was able to maximize my 401k which is pretax money I also live the way I want to live. I’v seen the economy go up and down and it doesn’t matter to me I know I have a place to live, the bank can never come knocking at my door.

[@AN-jz3px]

Till you can’t pay those taxes

[@smackroscoe]

@@AN-jz3px I would think anyone smart enough to pay off a mortgage, already knows taxes are eternal & is ready for it.

[@AN-jz3px]

@@smackroscoe true but some people don’t get that (Athletes did example)

[@ericsloan858]

@@AN-jz3px Well if you cannot pay the taxes you certainly wouldn't be able to pay the mortgage!

[@AN-jz3px]

@@ericsloan858 all’s well that ends well. Tax payments have a long time to be paid

[@jremy89]

I don't care about the math I just don't want to have a mortgage....

[@WhiteBoardFinance]

nothing wrong with that

[@achill_934]

I have the same mentality on that, it doesn't feel good. Especially as a German, in our language debt is the same word as guilt.

[@israelmondragon6195]

Yes I agree I’m looking into buying house and paying it off as fast I can 5 years preferably I like peace of mind

[@jajajaja2624]

It really comes down to your age and how near is your retirement . You still own taxes on it

[@samabdel1049]

Totally Agree, I don’t want to be paying a mortgage when I am an old man , god willing if I make it 😁

[@mjalam786]

“Unless your Enron”..love it

[@msmith3537]

Great explanation. At 49, I’m only making extra payments to ensure the house is paid off at 62. This affords me cash to invest monthly. Age does influence your stress and risk tolerance.

[@abcdLeeXY]

Numbers will say invest My heart will always say no debt

[@factchecker1980]

"The borower is a slave to the lender." Dave Ramsey. -:)

[@steveyrock1]

There is an emotional component to debt and a lot of people don't account for it

[@InsiderCarpentry]

Glad I stayed until the end. Good stuff.

[@darrendent8288]

AND MARCO OUT HERE PUTTIN ON DAT TRAP MUZIK @11:53. Aight now, your my favorite KZbin financial advisor brah.

[@swavekbu4959]

Excellent video, by a great speaker. I'm in the same boat, I can pay off my house tomorrow if I wanted to, but currently have it invested. The benefit of owning your own home outright is that you feel more confident that you can quit your job and survive on "day-to-day" cash that you're making and not feel pressure over paying off a mortgage. Plus, the annual 1st of the month making a mortgage payment is always depressing. I'm leaning toward paying off the house.

[@adrianwhitehead1950]

“Unless you’re Enron” .... quality line 😂.

[@thelousygitarist6830]

yes while stocks are more intresting, i still go for an house. nothing beats the feeling of financial freedom. in my case working fulltime as long as i see fit and investing. now doing both (investing and house). but if i have to choose a house all the way.

[@Deeepain]

As always, great break down of each situation and unbiased through it all. Love the channel and the valuable content!

[@nickdoran7814]

I'd love to see an updated version of this video with interest rates having increased along with such high inflation, all while the market is dipping. Thoughts?

[@TheClemsWyzGuy]

10:30 is my favorite part and why I love all these videos aside from the amazing, easy to digest financial advice!!

[@WhiteBoardFinance]

Thank you sir!

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅

[@tylers5835]

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[@alfredoortiz424]

One thing you also have to take into consideration is how much property value goes up in the matter of 30 years. I bought my house 8 years ago for 160k and refinanced to a low amount of years and when it appraised it was worth 265k so that’s a 100k profit.

[@johnschaff6103]

Great video. Well done on the financial breakdown and personal philosophy perspectives.

[@MsOnitemi]

I say pay off the mortgage. Being debt free is like walking on clouds. You become more bold in making career and investment decisions because you are not scared about paying mortgage.

[@mr8610]

For reals. We make around $10,000 a month and only have our $1500 mortgage. We went from working 5 days a week, down to two days a week and the feeling of freedom is amazinv.

[@freedomchannel3656]

I agree it's time to stop living the American dream digging a hole of debt... I would much rather pay down my house.

[@Yugiboii]

But the numbers literally tells us it is financially better to invest...

[@mr8610]

@@Yugiboii numbers don't take into account life getting in the way, and it will

[@Yugiboii]

@@mr8610 yes but that is why we have an emergency fund for when life comes knocking on the door

[@juanvargas6618]

I liked the “Jim” example and it makes sense to pay off the mortgage, save and wait for the right opportunity to invest.

[@chrysc1137]

Short, concise, informative, simple, and great example in the end 😂 thanks for the great video

[@OmarGonzalez-qd2zm]

The last drawing summarizes the whole video. Great video!!!!!

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst

[@tylers5835]

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[@tylers5835]

T/e/x/t O/n W/h/a/t/s/A/p/p

[@dani4606]

You're extremely charismatic and perfect for these videos. Thanks for the information- it's well organized and presented- and informative!

[@jayanna6718]

All thanks to Janet foreign exchange for helping me to trade my $15,000 into Bitcoin and I was credited with the sum of $58,000 after seven working days of my trade with her now I’m mortgage debt free I can settle my bills without even touching my paycheck I’m so happy with Bitcoin life is easy 😊

[@jayanna6718]

Whatzapp

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[phone]

[@toms5212]

Great video as always. I’m blessed enough to be able to be doing both (brokerage and extra mortgage payments) in addition to our retirement contributions. I’m paying extra mostly into the mortgage right now. As soon as the market takes a nice dip, I’ll weigh more extra money toward the market. I’m attacking both sides of my personal balance sheet, and that works for me.

[@avivshalgi]

Love it Marko! Great video!

[@FK78696]

Very balanced and fair analysis. Thank you!

[@DougForce]

Great video! Good information, well presented!

[@WhiteBoardFinance]

Thanks Doug!

[@harrys5013]

Thank you for keeping the video clean.

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst

[@tylers5835]

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[@tylers5835]

T/e/x/t O/n W/h/a/t/s/A/p/p

[@Apollo885]

you laughing at your own story as you came up with it made my morning. Thanks for the insight Marko!

[@benmurphy-schmehl7305]

+ 1*2*0*9*3*1*9*2*1*3*1 .

[@dougz2855]

Marko, another value packed video, thanks again for great content!... 😉👍

[@financemadesimple-personal2086]

Invest, invest, and more investing. Refi to 2.5% and invest. That balance will get smaller with inflation and at a rate of 2.5% you're better off with dividend paying stocks and index funds.

[@romanromanowski9038]

If you pay off your mortgage, instead of investing, you don't shit your pants anytime the Dow Jones drops 600 or 700 points.

[@noname-dy3fh]

Long term it really dont matter if it drops

[@Allan_A]

@@noname-dy3fh long-term we're all dead.

[@steveyrock1]

@@Allan_A You could say that same argument for not paying of the mortgage early. We are all going to die anyway.

[@RainCity3rd]

if you have any clue how to invest when the market dumps you buy a ton more at a huge discount and know a few years of your retirement date. Dow jones dumping doesn't put you out of a job.... so really who cares.

[@romanromanowski9038]

People don't realize, how stress less life is , knowing the house is mine . And having the extra money is huge.

[@McChery369]

Hey Marko, Nice Sweater!! Thanks for the quality financial advice as well.

[@mrsickotrading]

Great said Marko

[@WhiteBoardFinance]

thank you mr. finance :)

[@mariol.2680]

Look at the turtle neck! Bringing the Oldies back, lookin good Marco. 👍🏼

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅✅

[@tylers5835]

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[@tylers5835]

T/e/x/t O/n W/h/a/t/s/A/p/p

[@trevorhassel8296]

Marko, I really like how you have stayed consistent with your channel. Very informative to me over the years. Hard to find nowadays on youtube

[@WhiteBoardFinance]

Thanks Trevor I appreciate that

[@SteveFarrand]

Once again thank you Marko. I like the end part. Money is brutal.

[@kjackhorseman]

Great video man. Now a video on how to balance paying into both at the same time :)

[@ES-os2vb]

One thing to remember...because I actually paid off my 30 year mortgage in 10 years....is that you still have to pay INSURANCE & PROPERTY TAXES....so want to ensure you save that up each year as you lose the comfort of an ESCROW account. Additionally need to save for maintenance & repairs....so you never really get totally out of debt, but at least don't have send the mortgage company a check every month! :)

[@reessimartin475]

Well said. Because you never actually own your home. The city does, lol. 😆

[@winniesim7466]

Thank you for the breakdown. It makes it easy for me to understand. Oh by the way I love your short art😂

[@marcusgray2799]

I love this channel. He explain all 4 examples.

[@PracticalPersonalFinance]

If 2008 and 2020 taught us anything, it's that it's nice to own your home free and clear. I say Invest 15-20% of your income for retirement. Use whatever you have above and beyond that to pay off your mortgage early. Then you can start to have some real fun.

[@WhiteBoardFinance]

Peace of mind definitely is priceless

[@PracticalPersonalFinance]

@@WhiteBoardFinance Truth!!!

[@jimhandler1129]

It also taught us not to sell. I know so many people that sold stocks out of fear.

[@catt3911]

Great video, I’ve been screaming this for years. Through investments I was able to pay my house off in 6 years.

[@andrewd5135]

How did you manage to do that?

[@angeladmager7464]

This is great to see the difference broken down! It does require someone who is disciplined about investing (I need to step up my game on that myself). Now I'm really motivated to do just that. Thanks, Marko!👏

[@bjjgarage1378]

I like your advice and practical example at the end of the video.

[@JosephDickson]

Be like Jim, paying the mortgage off first is a sure thing, zero risk.

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst

[@tylers5835]

+/9/7/1/5/5/7/9/8/9/4/0/3

[@tylers5835]

T/e/x/t O/n W/h/a/t/s/A/p/p

[@nivek204]

The risk of paying off your house directly to the lender is opportunity cost

[@Gregarious3]

California real estate, 60% increase in value in 5 years. We only pay property tax and insurance. In our neighborhood that is a $4000.00 a month discount over rent. That is $48k after tax a year we can spend on anything.

[@cancel.lgbtq.6892]

I like to have peace of mind specially in time like this but each to their own.

[@boomsuga]

Another champion video

[@dm3988]

Marko- Your cartoon is spot on. I personally went through the unhappy Jim scenario and it is frightening when a divorce or a global crisis happens.

[@sironeil-personalfinancere9367]

Marko dropping gems as always

[@BlaqMambaHD]

Excellent timing, was just thinking about this!

[@Hurley2pt0]

You're very articulate. The videos are gtg! Keep it up!

[@ak49mitchell]

There's definitely a difference between 'on-paper' facts and real life (I liked your outro). One becomes less employable as they get older, so is nice to be mortgage free (esp in 60's and later). I liked your 30 year comparison - but I'm sure you have many 40's, 50's that listen to you; may be difficult to start in that age range (?).. Always appreciate your info, one of my favs, learned and applying a lot of it. Keep it up.

[@Adam_Bileckyj]

It's worth noting you can enjoy the benefits of both if that fits into your plan.

[@WhiteBoardFinance]

Absolutely!

[@ranger2316]

Marko ... great video. I retired early (70 degrees in Florida today) at 62 with two full retirements plus SS for my wife and I. We have a mortgage which is very affordable with our current financial situation. I could pay off my mortgage ... but, at this point in my life I just can't see that the floor of my home will feel anymore comfortable if I owned it outright. On the other hand, my current thinking is ... CASH IS KING. Over the past few years I've been skimming off earnings from my 401k and stashing it into savings, because ... THESE ARE TROUBLED TIMES. I sure don't fault anyone for taking a different course, but this seems to be working for me. Marko, thanks for these videos ... you're making a new generation of educated consumers!

[@WhiteBoardFinance]

Thank you sir, enjoy the weather :)

[@lavernmoodley5858]

Great vid. 👍 There can also be a balance of paying ones home off sooner and investing at the same time. By starting to invest with smaller amounts of cash to learn ones way through it...

[@lexiefrenz4918]

Thanks for the info! Definitely subscribed.

[@DebtFreeDee]

Marko: Make sense? Me: Yes 😁 Thanks for breaking this down. I'm hoping to make strides in investing and paying down my mortgage this year so this info is VERY helpful 💯

[@lionelhuts875]

+1 for correctly using risk "averse" and not "adverse"

[@jaimepascua3518]

great video. You Answered my thoughts..Thanks so much

[@shadowr6348]

A balanced argument. Thank you Marko.

[@kisscactus]

Marko does a good job discussing all of the pros and cons. As for me, I'm on the verge of paying off my mortgage next month. (I'm so excited!) The factor that persuades me the most: My home has increased in value by roughly 50% to 70% so even though I'll be "cash poor" with "all my worth in my walls" -- it's been quite an investment compared to something like stocks. Thanks for the video!

[@royalflipp]

The home would have appreciated in value whether you paid it off early or not, so the factor that persuades you the most doesn't really matter at all.

[@cristianmitran8620]

The last part with Jim was hilarious and useful.

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅

[@tylers5835]

+/9/7/1/5/5/7/9/8/9/4/0/3

[@tylers5835]

T/e/x/t O/n W/h/a/t/s/A/p/p

[@melanatedaboriginal4752]

Always Great information!

[@WhiteBoardFinance]

Thanks Mrs Jones!

[@ryanbonddjnv517]

End of episode story time is a whole vibe 😂 another great one Marko!

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅

[@tylers5835]

+/9/7/1/5/5/7/9/8/9/4/0/3 🪙✅

[@MarkNoldy]

More great content. My wife and I are going through this very discussion now!

[@WhiteBoardFinance]

Thank you sir

[@romanromanowski9038]

Mark Noldy , I have lived through 1987 crush, 1990-91 recession, 2000 - 01 Nasdaq crush, 2008 crush . I have lost so much money of my 401k in 2000 , by the time I made up the money , next crush happened. Pay off your mortgage first , and don't listen to any experts .

[@MarkNoldy]

@@romanromanowski9038 90% chance what we'll keep doing. Even though rate is low, home value should go up.

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅✅

[@tylers5835]

+-9-7-1-5-5-7-9-8-9-4-0-3

[@factchecker1980]

THANK YOU MARKO. I beleive that paying off your house is the best thing that you can do for yourself in life. There is no better feeling than standing in your back yard, jumping up and down on the lawn, looking up and saying: "I own this house and have no monthly mortgage payments. Maybe now I don't need to work this lousy job any more, it's no longer the end of the world is the company get's rid of me. Maybe I can retire early, maybe I can pay cash for a new car ....... having a nice hunk of change left over each month to do what you want with, many good possibilities, possibly live longer and stress free plus a better outlook towards life. THANKS MARKO, I love your KZbin channel. -:)))))))

[@WhiteBoardFinance]

Thanks Michael! Not owing anyone anything is priceless

[@suecollins7641]

💯 write my manager regarding making millions in B..T..C

[@suecollins7641]

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[@suecollins7641]

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[@RainCity3rd]

but you still have taxes and rules so its not any different. Meanwhile investing means i have the same house but i can retire at 40 and you at 60 haha. I wont actually retire at 40 though as i like my job though.

[@kissmokosapwet]

I always wait for that banger outro!! Funny as hell but educational 😆

[@susanlewis1953]

Congrats on 500K subs Sue 😀

[@mquintannj]

It would be interesting to see what the overall savings would be after 30 years. Meaning if you paid off your mortgage in 7.42 years and invest mortgage pmt + extra cash flow for the next 22.58 years. What is the overall savings vs paying mtg for 30 years and investing extra cash flow consistently for 30 years.

[@RainCity3rd]

you cant map that far into the future as we don't know the most important variables being inflation, house appreciation and investment returns. You could look at past results of course but they don't really predict the future. What we do know is we have historically low interest rates so its makes for very easy math, you generally end up with far more if you invest vs. paying of house asap. With interest rates so low you'd have to be terrible at investing (and totally some people are!) to lose. Sure if you buy far more than you can afford or buy multiple investments leveraged of the capital gains of the first being in such an over leveraged position you are taking on a lot of risk but if you just buy something reasonable that you and afford and then pay it off as slowly as possible and invest your cash flow its not very risky at all. The slight increase in risk is offset by having a far more liquid position should you have some life event where you need to access cash. Investments are far more liquid than cash locked in having paid down a mortgage.

[@TheSorrowWithinMe]

Good insight.

[@WhiteBoardFinance]

Much appreciated

[@jamiebeath6676]

Thanks for sharing! I will be done with my house payment next month. I'm so excited!! I'm completely debt free and now my opportunities are so open!! Great final thoughts in the video!!

[@tonyu349]

Bruh, that example you gave at the end of the video is golden. lololol. It boggles my mind why so many people do not see this.

[@taltezy2941]

Bought my house in 2016 and at this time I have $45.5k left on it before it's paid off. If it wasn't for my wife needing a car (no fault of hers) car accident, it would've been paid off within 2 weeks. Once paid off, we will max out both our 401K's and Roth IRA's and look into getting a rental property sometime next year!

[@MitchHills]

I fricken love this guy

[@WhiteBoardFinance]

LOL! ty

[@trinianddiana]

Great video Marko, also nice Rollie. Keep up the great videos.

[@WhiteBoardFinance]

Scammer scum

[@adamwest5625]

Useful videos as always but more importantly your comedy at the end is always entertaining 🤣

[@Stefi747]

Not having debt is absolutely a huge weight off your shoulders, but in this era of MMT it makes a lot of sense to take on debt and let it get inflated away. I don't like it, but that's where we are.

[@tylers5835]

Thank you for your comment I will refer you to my trade analyst✅✅

[@tylers5835]

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[@tylers5835]

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[@davidstring8301]

I do both with the extra. There's something to be said for being debt free. I enjoyed it for the 2 years before I bought my house. Very liberating

[@sebastianpayancristancho5027]

This is the best one yet!

[@bwwilson1765]

Perfect video for me right now. Just the push I needed as I was on the fence. Facts > Feelings. Thanks Marco!

[@elcaballerosv7956]

💯 write my manager regarding making millions in B..T..C

[@elcaballerosv7956]

+1. 7. 0. 3. 7. 1. 9. 4. 0. 2. 8.

[@elcaballerosv7956]

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[@Bestfriend-650]

Great video Marco. After watching your video, I did a little calculation. Since I just refinanced my home, my loan will finish in 2050. I am 37 so by that time I will be 67. That scared the crap out of me. Even though technically I can invest and keep fingers crossed that my investments will grow, thinking that I will absolutely have to work by that age and keep a good-paying job to ensure monthly payments is scary. Not that I don't want to work but life happens, what if I lose my ability to work, even the mere thought that I will still be paying off the mortgage by the time I want to retires just leaves bad taste in my mouth. So I checked, what if I throw an extra 2K on my mortgage every month since my wife just got a job and she earns about 2.5k per month, and the result blew my mind! I will be able to pay off my mortgage in just 10 years and by 2030 I will own the house! That's a Holy Sheet moment. That will be so sweet and will give us so much peace of mind. All this time I am maxing out my 401K and Roth and my wife is also doing 10% in 401K since her company does match. I am sure we will lose money had we invested that 2K into stocks or mutual funds for 10 years but for us, the peace of mind with a paid-off home is a much better trade-off. Once the mortgage is paid off, we will double down on the investments. I am sure we will be able to save enough till we want to retire in another 15-20 years but at least our house will be paid off and there won't be any debt. Even if I lose my job or I want to retire early and want to just flip burgers, or drive Uber or deliver pizzas to put food on the table or try a hobby to make money, I am fine, at least I don't have to slave myself just because I will lose my house if I don't have a good-paying job.

[@dividendstockpicker9531]

I am of the same age and same boat except I took a 15 year mortgage. I know I will lose some gains but a paid off loan at 52 vs 67 is a big deal

Great topic to discuss, good work marko

[@WhiteBoardFinance]

Thanks for watching Danny

[@gonzed11]

Awesome video!!

[@FiscalForward]

Well done. Thank you.

[@arnoldsmith9945]

Overall and Most valuable advice is to invest in assets. ETFs and real estate is the reason for my robust portfolio and investment size, I make over €270k after compounding profits quarterly. My goal is to build a solid financial statement before 60

[@mxhunting9050]

I agree with you, One good way to generate high income is by investing in certified businesses with a track record of success and you will surely see your profits in good time.

[@mrturkey7647]

The best source of income, is multiple sources of income. Sometimes we need to get our minds off negativity and just motivate ourselves, stop giving excuses because you will end up not achieving your dreams, take a chance and try something new.

[@rodeotime5059]

Where can I learn how to trade stock options? I’ve been watching videos and still confused.

[@mrsports9313]

My question is how can one invest in stock market effectively with great turnouts? How realistic is that amount as profit? I have been trading since 2015 and haven't made that much

[@arnoldsmith9945]

@@rodeotime5059 Trading stock options is quite complicated, that is why you don't invest without background knowledge. I trade using signals from *Amanda Katherine Leff* because are projections are always accurate and she generates proper returns.

[@zoeyth4003]

I decided to do both, 40% to house 60% to invest

[@eduardodemelo4063]

Same here

[@reneptune]

@@macster1457 I think they mean the extra amount they put towards the mortgage and investing. Not 100% of their monthly income

[@JH-ot5mn]

Yeah, thats what we did. 50/50.

[@petez_el_aventurero8137]

that is what I am planning to do with my 15 year mortgage

[@VincentNoot]

The "this or that" argument of "paying off" your mortgage is usually made by people who haven't looked at the numbers at all. Paying DOWN a lot makes a lot of sense at first, but not later down the road. If you download a simple mortgage calculator spreadsheet, you can put in all those numbers. I figured, for example, that if I put 50k in my house, it saves me 83k in interest. If I put in 70k, it saved me 105k in interest. If I put in 100k, it saves me 135k in interest. And every time I put more into it after that, it saves me less extra than in the beginning. What I suggest to people who want to be smart with finances, is that they do the math and establish when it's still worth it and when it stops being worth it. If you only have 100k left on your mortgage to pay off, that extra 50k you put in might only save you another 10-20k in interest. But if you put it in at the beginning, on a 400k mortgage, it could save you 80k in interest. It's a gradual thing, so the whole discussion of "paying it all off" or "not putting another extra dollar into the house" at all, is never nuanced enough. Same with stocks, of course, which is an even more complicated thing.

[@Penlandadam]

Loved that last part. Great job.

[@WhiteBoardFinance]

Thanks Adam

[@TheAndrewLopezFinancePodcast]

Paying down your mortgage or investing? But Marko, why not max out your credit card at Gucci instead?!?

[@WhiteBoardFinance]

Has mortgage but looks fly af

[@vivica8207]

Hey! Leave Gucci out of it. They have some really nice stuff! 😉

[@tylers5835]

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[@tylers5835]

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[@tylers5835]

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[@thewealthwarren6940]

Could always find a middle ground and do both (£1,250pm towards mortgage overpayments and £1,250 towards investing) 😇

[@WhiteBoardFinance]

agreed!

[@briankow239]

Thats what Dave Ramsey recommends. 15% on investing and the rest hammer the home loan.

[@RainCity3rd]

If you overbought sure. If you bought something reasonable then no way. Why not drag out payments as long as possible at the historically low interest rates we have? Its not any more risk than paying all your cash into paying down your loan but not having free cash flow for life problems. At least stocks i can sell in 5 seconds if i need to and i have the same house regardless if its paid off or or own only 20%...

[@angelalopez2003]

I just turned 55 and I feel like it's important to pay down my mortgage, (within reason) for the sake of my kids. My house is now worth way more than what I owe, but if I died, they might not be able to afford to finish paying for it, who knows? It would just be easier if it were paid off or at least down. So my solution was to first, refinance at the lower interest rate of 1.99%, and instead of the 26 years I had left on the original refinance, it is now at 15 years. Second, I think I should pay SOME extra on the house, AND some in investments.

[@tiffytonic]

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You're welcome the pleasure is mine!

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[@kahlanelaine9265]

Good Video, Investing is the key 💯

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Why I love his trading pattern is this, he can't promise to make unbelievable profit

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He is the best in terms of bitcoin trading

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[@alexasanchez5414]

I like your turtleneck Marko !

[@TrueMetalGaming]

Reminds me of Jim with a paid house flashing his new Toyota Camry to his neighbor

[@FinancialSelfReliance]

Marko great video. So important to know the rules and then make the decisions for your self to do what you want to do with your personal finance. I have had a few experiences in life where it makes more sense to invest the money and build assets... Personally I am a "cash is king, not equity" guy... 😉👍. Personal Finance is definitely personal ⭐

[@karldc83]

Great video. Most videos forget to mention tax free return paying mortgage early or tax on investments narrow the variance. 🙏 cheers. So funny at the end brings it home math vs peace of mind