Perhaps the most out-of-touch video ever (user search)
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  Perhaps the most out-of-touch video ever (search mode)
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Author Topic: Perhaps the most out-of-touch video ever  (Read 4413 times)
Brittain33
brittain33
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« on: September 15, 2014, 12:24:09 PM »

One thing I don't understand is the logic of having a 30 year mortgage on a home and filling up savings accounts for kids college and retirement with that kind of dough. If I had all that income, I'd try to pay off my house ASAP. In the end, it would leave you with a lot more wealth and savings on interest.

If your 30-year mortgage is at 4.5% and you make a decent living, with tax deductions you are paying only 3% to 3.5% interest on that loan. Investments should be able to beat that most years.
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