Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead. They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks. They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals.
Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/
Do you like the podcast and want to support the show? Follow the link to find out how: https://milehighfi.com/support/
Links
- Connect with Mark:
- Mark discusses his 1st purchase of Berkshire Hathaway stock
- MHFI Facebook group
- Doug’s site
- Producer Chris’s blog, Epic Financial Journey
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**Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.**
Brought To You By:
The Doug Show, aka Affiliate Marketing & Side Hustles
Email the show: doug@milehighfi.com
0:00 Introduction
2:02 Laying out the financial details
8:14 Mark’s approach – The money tree
13:57 Downsides of Mark’s strategy
18:37 Doug’s approach & Gemini calculations
24:42 Eliminating downside & lowering uncertainty
31:14 Market volatility & historical context
38:23 Not always about maximizing returns
44:54 Soundcheck – Cleaning
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