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Your Mortgage Is a Bond

Your Mortgage Is a Bond

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Pay the mortgage off early, or keep it and invest the difference? Daniel Wrenne's first warning is about the advice itself: anyone who tells you to always pay it off is giving bad advice.

A 3 percent mortgage from 2020 is one conversation. A 7 percent mortgage from last year is the exact opposite. We run the numbers, and the feelings, on both, after looking at the whole picture: tax shelters maxed, savings rate, the rate on the debt, and cash flow.

Have a question? Send it to financialfellowship.com/submit and I'll answer it on air.

This podcast is for education only. Nothing mentioned is individualized financial, medical, or legal advice.

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