ilmscore | Prediction Details
"personally in my situation I would not pay off my mortgage right away instead I would choose to use that money to invest because mortgage rates are typically some of the cheapest debt you can get and they have long-term commitments that have already been priced in to be paid over the full term so instead if you wait to pay off your mortgage before you decide to start investing you're really limiting your time in the investment Market that can take away from some of the benefits of compounding and long-term growth"
By Nischa | May 21, 2023 | Pending
From video
ACCOUNTANT EXPLAINS: The Optimal Order of Investing Your Money 00:06:54 - 00:07:16
Interpreted Prediction
The speaker would not prioritize paying off a mortgage early, instead choosing to invest the money due to typically low mortgage interest rates and to maximize time in the investment market for compounding and long-term growth.

Prediction Details

Topic
Mortgage payoff strategy

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