I’m not worried about paying off my mortgage because the banks may want their money back. I’m more worried about having a job loss or illness and no way of paying off the mortgage.
Get a savings account then and put all that extra money in. Also get mortgage insurance which covers you for at least a year. Or ensure you have a years of emergency money that can cover the whole year
@@munix9351 sometimes a year won’t do it. a lot of stuff can run into years. I don’t trust insurance companies too much, especially when you’re ill and you have to jump through hoops. I don’t want to keep paying interest to the bank when the house can be paid for. too many if’s. just pay the dang thing off (house) and be done with it. investing isn’t that great of thing either because when the market takes a dip your money is gone for a while and you still have the house payment to worry about. when you’re not feeling good simple is a good way to go.
Absolutely I do not pay off my mortgage and I'm giving my children cash now because if I have to go into a nursing home there's a five-year look-back they could take away all of my money for the nursing home I'm young enough that I probably am not looking at a nursing home for 10 years
You are uninformed. Mortgages are not callable loans any more. It’s illegal for a mortgage lender to tell you you have to pay off early. Didn’t you hear him say that change was made after the Great Depression. Also, mortgage insurance is a type of life insurance that pays off your mortgage balance when you die. It doesn’t pay your mortgage if you are alive and stop paying, even if you are disabled and can’t work. Term life is better. It leaves your heirs money that they can use to pay off the mortgage, or spend on whatever other needs they have. If they don’t have enough income to continue paying the mortgage, they can sell the house and move to somewhere cheaper. Just get enough term life coverage to cover the mortgage balance at a minimum. It’s so much less expensive than mortgage insurance.
in my opinion, I would prefer paying off the mortgage early if i could. looking back 10 yrs down the road, i realized that i could have saved more on the interest, and refinancing it every year was a mistake because instead of paying it closer to 30 yrs , the clock just keeps on reseting back to 0 when is could have been 10 yrs ahead of the game. Now i feel older, i could not work more and my mortgage seems just started.. If i were to do it again, i should have paid it faster..
Paid off my 25 year loan in 15 years. Just an extra 100 a month toward principal. VERY liberating. I never even bothered to calculate the tens of thousands I saved in interest. Once it was paid off, my options were myriad.
I think paying off your mortgage is absolutely the way to go. There are levels that people have always tied to financial institutions and you have to decide the lesser of the two. Wealth is a matter of having time back in your life and leverage your options in life.
Wealth is truly a byproduct of a life well lived. If your objective is to pay off your home, great. I always want to help people understand the methods of fulfilling their objectives and the economic impact of their choices.
@@GarrettGundersonTV I got where you were coming from. My whole point is owning yourself and like my guy savings minus debt says banks don't buy mortgages. People buy mortgages. But great piece and enjoy your day sir.
I think it’s important to consider the true value of a mortgage interest. The bank rate maybe 3% but after 30yrs it really equates to 150%. You’ll have to have some great investments to beat that. Just something to consider
That was me during Covid. Took out my 401 k and paid off my house. Refinanced at 2.9 percent to build a back house where I currently live and rent the front house
It would be good to clarify; When you pay off your mortgage, you are paying off only the LOAN, principal and interest. You are responsable now to keep up with your property TAXES and fire Insurance. Don’t think you are completely free of payments because you still have those two.
I have studied real world money for years and the advice here is amazing. Finally someone who doesn’t assume people are to stupid to make their own risk assessments and decisions!
I have the ability to pay quite a bit extra to my mortgage, but I'm putting the extra $ into the stock market. Briefly, I have 8 yrs left on a 10-yr mort at 1.875% fixed rate. Ungodly low; so I'm happy with riding the loan out for the duration. Almost free money; and with inflation where it is, I'm paying it off with cheaper and cheaper dollars. So my federal pension goes straight to my Schwab account; and I happily live off my salary (CFO at a mid-sized Credit Union).
@@GarrettGundersonTV Yes Sir... And heck, I'm earning right at 5% on my Schwab MMA account. I'm in the 32% marginal federal bracket, and 2.5% flat-rate State (AZ). With rounding; call that 35% marginal taxes. Hence, 325 basis points leftover out of the 500 bps face yield (at least for now)... I'm still ahead by 1 and 3/8th's on the current arbitrage, and that's even at the MMA rate. My only real fear now is that my fiance wants to retire (she's 56, 3 years younger) and I'm thinking she wants to do so with me footing the tab for everything going forward. That's a pricey little proposition there.
Curious how you got that 10 year fixed rate mortgage at 1.875%. Is that the introductory phase of a 30 year loan where the loan becomes variable rate after 10 years?
@@suzanneemerson9787 And fair enough question. I worked at a bank wherein we purchased Amerihome, and we were basically putting $250M on our books per day re: purchased mortgages, while selling $2B to $3B blocks to Fannie and Freddie every couple weeks. Sebonic had a 10-year, basically almost no-cost refi ($1,400 in costs). Took my 15-year mortgage (which I was 5 years into) from 3 and an eighth, to 1 and 7/8th's. Breakeven was 6 months, so I bit. Noting, my tri-merge FICO was 826, the LTV on the property was 35%, and my DTI's were 11/11. So, yeah. I rather easily qualified. Noting, the payment is up there, but, Yassum.... Sub-2% mortgage rate. Peace.
@@suzanneemerson9787 And, I guess I should add. No, this is not a discount. Nor a step-up. Nor anything else. Just a straght-out, 10-year term from the get-go, fixed-rate mortgage.
I'm leaning to pay mine off next month. One thing people don't think of is just because you pay off your mortgage it doesn't mean you still won't have payments. You still have to pay insurance and property taxes that you previously didn't see because it was rolled up into your mortgage. My mortgage was $1800 a month but after I pay it off, I still have a $500 a month insurance+taxes payment.
@@livenotonevil8279 Not my point. I've read a lot where people think that when they pay off their mortgage then it goes to zero. They don't see the insurance and taxes coming out so it's not something they think of having to take care afterwards.
@@livenotonevil8279 I know what you mean. So many things I've discovered about how little people know and how little they are prepared is simply shocking.
It would SEEM the wise thing to do. However, my conviction all along was that paying down your mortgage gave you a guaranteed return that could be measured precisely in interest saved (and I saved ten of thousands over the shortened course of my mortgage). Investments cannot guarantee anything. By the way, congrats on keeping away from credit card debt!
@@livenotonevil8279 A house is also not a guaranteed investment. Ask the people with surviving homes around the Cali wild fires, or in areas where the jobs left and now you can't sell your house or stay? Nothing is all security or all risk.
It’s a very interesting topic. The price of time and the amount of money in the system are two main factors. Paying off a $250k mortgage to earn back the $500/mo in interest is less than a 3% return, less than the price of time. What is time worth? More than 3%. Always. If tbills pay more than a mortgage, it would be insane to put the money into the mortgage. Which is riskier? Real estate is risky; much more so as a place to park cash vs tbills. But no one thinks it is until it is. Great vid and love the discussion. Cheers!
Well you’re speaking about this intellectually and academically. You factor in a lot of variables that are valid. But you need to understand a lot of people at your intelligence level think they’re above common sense so they tend to take more risk and or make bigger purchases and or think they’re smart enough to not fall for money scams (ie bad investments ahem crypto or even bad purchases.). From what I can see, people who do well financially who didn’t even go to ivy or competitive schools treat money management like behavior management. People who do well in school but end up financially in despair are just reckless. Take it with a grain of salt. Toodles.
How about just paying an extra amount that equals the principal every month for the first 5 to 10 years when you can save around $1 or 2 per every dollar you pay off extra!!!
No brainer? My mortgage is 2.75 percent. I can get 5.15 in a savings account. 5 percent in my older cash value policies. 10 percent from an insurance company next 12 months on savings. Why is it a no brainer to pay off?
Such an important point that extra payments toward a mortgage tie up capital in an illiquid asset and don’t reduce the monthly payment at all. If you’re inclined to want to pay off the home early, at least set the $$ to the side, save it, and consider this when you can pay it off outright and at least be free of the monthly payment. Even then, not something I’d do for the reasons Garrett discussed. Low interest rates, security and flexibility of liquid cash savings for future, more profitable opportunities, etc.
@@mmmmkay4773 yes. Brings down total interest paid over the life of the loan but if you still have many years to go to pay it off, are you really benefitting by saving 3% (or less) on extra principal pay down or should you keep it in reserves during uncertain times or on the sidelines for better ROI opportunities. I opt for the latter.
@@ThinkBlueAZ good for you. I’d pay the house off. better to have the house paid off when investments tank than to have a house mortgage with tanking investments.
If you save the money and pay it later rather than now, then you defeat the reason for prepayment, i.e., saving on interest on the amortization schedule
3% mortgage interest rate, 22% credit card interest rate. Really cheap credit. In My country mortgage interest rate is 19% right now. I would love to have real state in usa or Canada, at 3% to 5% in a 30 years mortgage, I would rent it si the real state Will pay it's Own credit and I would put money in short term low risk instruments in latinamerica (from 8% to 15%). Well, diversification may reduce devaluation risk.
Ove that your talking about crypto, but during all the money printing its just as bad to old USDC. USDC should be used to hold earnings from bitcoin and other alts during a bear market. Or can be used as a non tax vehicle between wallets where you then swap for other tokens.
Looks I never had made 3% return on my retirement, so in my case paying my mortgage early I will be saving money. I am in Canada thing are little different, imagine where a live average price is 450,000 so you renew mortgage every 5 years and I’ll pay around 67,500 of interest in those 5 years. I’ll never make that return, if you have idea where to get that money please let me know. My interest right now is 1.73% and I’ll pay for 5 years 15000, even though I don’t believe that I will get more than that on any return if you think I will please advice
@@adolisfernandez1321 There is no guarantee of 10%. Or 7%, or anything. Paying down your mortgage is the wisest thing you could do - it's a guaranteed return.
I pray in the name of Jesus Christ that my bank accounts will be safe and correct and that God will absolve all my sins and pour his graces and mercies abundantly in all the vital and essential areas of my life. Amen.
Garret if your going to talk about putting your money to work, or being your own bank, you really need to get on guests to discuss De-Fi lending protocols like Blockfi, Nexos, Celsius, where you can earn 10%APR on USDC. As a trader this is where I park my capital. Crypto is life changing...
@@GarrettGundersonTV hah no your guest Jeff struck me as Tim Stack doppelgänger Thanks for the great advice- I’m waffling on how aggressive to knock down my mortgage.
@@GarrettGundersonTV What is your view on Certificates of deposit? If I had the kind of money say to get one every 4 months at $1,000 each would this be a smart thing to do? Then in 10-15 years I would go into the bank, cash out the ones that can be without penalty, and slap that dough down to pay off the mortgage. What is your opinion on this?
Love when someone says...not to be judgy, but I'm going to be anyway. And anyone with a beard and long hair that doesn't wear a suit and tie isn't doing well. All good, can't please everyone. Best wishes on your journey.
Mr Gerald Martins is a certified broker, I have worked with him for years,anyone who he handles he's or her trade for, i believe is so lucky all you have to do is believe in him and follow his guidance.
I’m not worried about paying off my mortgage because the banks may want their money back. I’m more worried about having a job loss or illness and no way of paying off the mortgage.
Get a savings account then and put all that extra money in. Also get mortgage insurance which covers you for at least a year. Or ensure you have a years of emergency money that can cover the whole year
@@munix9351 sometimes a year won’t do it. a lot of stuff can run into years. I don’t trust insurance companies too much, especially when you’re ill and you have to jump through hoops. I don’t want to keep paying interest to the bank when the house can be paid for. too many if’s. just pay the dang thing off (house) and be done with it. investing isn’t that great of thing either because when the market takes a dip your money is gone for a while and you still have the house payment to worry about. when you’re not feeling good simple is a good way to go.
Absolutely I do not pay off my mortgage and I'm giving my children cash now because if I have to go into a nursing home there's a five-year look-back they could take away all of my money for the nursing home I'm young enough that I probably am not looking at a nursing home for 10 years
@@KC-dr3cgInvest in good health.
You are uninformed. Mortgages are not callable loans any more. It’s illegal for a mortgage lender to tell you you have to pay off early. Didn’t you hear him say that change was made after the Great Depression.
Also, mortgage insurance is a type of life insurance that pays off your mortgage balance when you die. It doesn’t pay your mortgage if you are alive and stop paying, even if you are disabled and can’t work. Term life is better. It leaves your heirs money that they can use to pay off the mortgage, or spend on whatever other needs they have. If they don’t have enough income to continue paying the mortgage, they can sell the house and move to somewhere cheaper. Just get enough term life coverage to cover the mortgage balance at a minimum. It’s so much less expensive than mortgage insurance.
in my opinion, I would prefer paying off the mortgage early if i could. looking back 10 yrs down the road, i realized that i could have saved more on the interest, and refinancing it every year was a mistake because instead of paying it closer to 30 yrs , the clock just keeps on reseting back to 0 when is could have been 10 yrs ahead of the game. Now i feel older, i could not work more and my mortgage seems just started.. If i were to do it again, i should have paid it faster..
That's the biggest mistake- paying so much in interest! I'm refinancing and the papers say tht my true interest being paid is over 50% !
Paid off my 25 year loan in 15 years. Just an extra 100 a month toward principal. VERY liberating. I never even bothered to calculate the tens of thousands I saved in interest. Once it was paid off, my options were myriad.
@@livenotonevil8279 Congratulations! For only $100 that's an amazing amount of time and money saved! You're an inspiration!
I think paying off your mortgage is absolutely the way to go. There are levels that people have always tied to financial institutions and you have to decide the lesser of the two. Wealth is a matter of having time back in your life and leverage your options in life.
Wealth is truly a byproduct of a life well lived. If your objective is to pay off your home, great. I always want to help people understand the methods of fulfilling their objectives and the economic impact of their choices.
@@GarrettGundersonTV I got where you were coming from. My whole point is owning yourself and like my guy savings minus debt says banks don't buy mortgages. People buy mortgages. But great piece and enjoy your day sir.
I think it’s important to consider the true value of a mortgage interest. The bank rate maybe 3% but after 30yrs it really equates to 150%. You’ll have to have some great investments to beat that. Just something to consider
150 percent after thirty years. If you get 6 percent. You are at 300 after thirty years.
At this point, id pay my s*** off fast as possible. If i lose my decent job and have to work in fast food, ill still have a home
Well. Make sure that you have liquid funds and do t lock it in your equity before it's paid off. Good luck.
@Garrett Gunderson I'm currently a renter. I will take your advise 👍🏽
That was me during Covid. Took out my 401 k and paid off my house. Refinanced at 2.9 percent to build a back house where I currently live and rent the front house
It would be good to clarify;
When you pay off your mortgage, you are paying off only the LOAN, principal and interest.
You are responsable now to keep up with your property TAXES and fire Insurance.
Don’t think you are completely free of payments because you still have those two.
Yep. Property taxes! But no mortgage.
So what you have way cheaper rent.
I will never refinanced my 3.25% fixed for 30 years. I will pay it off and live in my home until I die.
Cheap money. Fixed interest is great.
Going pay off my mortgage in the next 90 days. Save on the side is much better option than extra payment every month.
I have studied real world money for years and the advice here is amazing. Finally someone who doesn’t assume people are to stupid to make their own risk assessments and decisions!
I have the ability to pay quite a bit extra to my mortgage, but I'm putting the extra $ into the stock market. Briefly, I have 8 yrs left on a 10-yr mort at 1.875% fixed rate. Ungodly low; so I'm happy with riding the loan out for the duration. Almost free money; and with inflation where it is, I'm paying it off with cheaper and cheaper dollars. So my federal pension goes straight to my Schwab account; and I happily live off my salary (CFO at a mid-sized Credit Union).
Yep. I'm not as much a fan of the market, but wow, great interest rate and spot on about inflation.
@@GarrettGundersonTV Yes Sir... And heck, I'm earning right at 5% on my Schwab MMA account. I'm in the 32% marginal federal bracket, and 2.5% flat-rate State (AZ). With rounding; call that 35% marginal taxes. Hence, 325 basis points leftover out of the 500 bps face yield (at least for now)... I'm still ahead by 1 and 3/8th's on the current arbitrage, and that's even at the MMA rate. My only real fear now is that my fiance wants to retire (she's 56, 3 years younger) and I'm thinking she wants to do so with me footing the tab for everything going forward. That's a pricey little proposition there.
Curious how you got that 10 year fixed rate mortgage at 1.875%.
Is that the introductory phase of a 30 year loan where the loan becomes variable rate after 10 years?
@@suzanneemerson9787 And fair enough question. I worked at a bank wherein we purchased Amerihome, and we were basically putting $250M on our books per day re: purchased mortgages, while selling $2B to $3B blocks to Fannie and Freddie every couple weeks. Sebonic had a 10-year, basically almost no-cost refi ($1,400 in costs). Took my 15-year mortgage (which I was 5 years into) from 3 and an eighth, to 1 and 7/8th's. Breakeven was 6 months, so I bit. Noting, my tri-merge FICO was 826, the LTV on the property was 35%, and my DTI's were 11/11. So, yeah. I rather easily qualified. Noting, the payment is up there, but, Yassum.... Sub-2% mortgage rate. Peace.
@@suzanneemerson9787 And, I guess I should add. No, this is not a discount. Nor a step-up. Nor anything else. Just a straght-out, 10-year term from the get-go, fixed-rate mortgage.
You are not even talking about how the 3 months, 6 months, or 2 years of "comfort reserves" is impossible when you have to pay insane property taxes.
Are you in Texas or Florida? One of the no state tax but make up for it on property tax places?
Great conversation! I love the contrarian way of thinking.
Glad you enjoyed it!
I'm leaning to pay mine off next month. One thing people don't think of is just because you pay off your mortgage it doesn't mean you still won't have payments. You still have to pay insurance and property taxes that you previously didn't see because it was rolled up into your mortgage. My mortgage was $1800 a month but after I pay it off, I still have a $500 a month insurance+taxes payment.
As long as you owe property taxes, you never really own your home. What a scam.
You'll have that regardless of what you do
@@livenotonevil8279 Not my point. I've read a lot where people think that when they pay off their mortgage then it goes to zero. They don't see the insurance and taxes coming out so it's not something they think of having to take care afterwards.
@@rickchandler2570 I see your point. I guess I'm kinda (very) shocked that folks wouldn't realize that.
@@livenotonevil8279 I know what you mean. So many things I've discovered about how little people know and how little they are prepared is simply shocking.
Great topic! Thanks for the discussion. Very helpful insight... as always.
Good to hear from you Jeff. Thanks for watching.
I’m investing $3k a month rather than pay off my mortgage I have credit card debt at zero %. I won’t let it off until I have to pay interest
It would SEEM the wise thing to do. However, my conviction all along was that paying down your mortgage gave you a guaranteed return that could be measured precisely in interest saved (and I saved ten of thousands over the shortened course of my mortgage). Investments cannot guarantee anything.
By the way, congrats on keeping away from credit card debt!
@@livenotonevil8279 A house is also not a guaranteed investment. Ask the people with surviving homes around the Cali wild fires, or in areas where the jobs left and now you can't sell your house or stay? Nothing is all security or all risk.
Very good advise. Why is the lady in the middle not saying much?
Because I talk too much and interrupt!
It’s a very interesting topic. The price of time and the amount of money in the system are two main factors. Paying off a $250k mortgage to earn back the $500/mo in interest is less than a 3% return, less than the price of time. What is time worth? More than 3%. Always. If tbills pay more than a mortgage, it would be insane to put the money into the mortgage. Which is riskier? Real estate is risky; much more so as a place to park cash vs tbills. But no one thinks it is until it is. Great vid and love the discussion. Cheers!
Great point and summary. Thanks.
Don't pay off your 3% mortgage on a property in the US, invest in 5% gov bonds in Mexico... free money!
Where is there information on buying those bonds, and is it legal?
Well you’re speaking about this intellectually and academically. You factor in a lot of variables that are valid. But you need to understand a lot of people at your intelligence level think they’re above common sense so they tend to take more risk and or make bigger purchases and or think they’re smart enough to not fall for money scams (ie bad investments ahem crypto or even bad purchases.). From what I can see, people who do well financially who didn’t even go to ivy or competitive schools treat money management like behavior management. People who do well in school but end up financially in despair are just reckless. Take it with a grain of salt. Toodles.
I would advise to manage and mitigate risk rather than simply take it. But I get what you are saying.
Like gambling they only talk about their wins. I love you videos keep the positive vibes going!!!
How about just paying an extra amount that equals the principal every month for the first 5 to 10 years when you can save around $1 or 2 per every dollar you pay off extra!!!
Grabs coffee...sits at desk...opens mind....READY TO LEARN!!! THANKS GARRETT!!!
I just did the same exact thing. Garrett is awesome, I'm surprised he doesn't have 500,000 subscribers.
Boom!
If you can afford to pay it off early do so , its a no brainer.
No brainer? My mortgage is 2.75 percent. I can get 5.15 in a savings account. 5 percent in my older cash value policies. 10 percent from an insurance company next 12 months on savings. Why is it a no brainer to pay off?
Such an important point that extra payments toward a mortgage tie up capital in an illiquid asset and don’t reduce the monthly payment at all.
If you’re inclined to want to pay off the home early, at least set the $$ to the side, save it, and consider this when you can pay it off outright and at least be free of the monthly payment. Even then, not something I’d do for the reasons Garrett discussed. Low interest rates, security and flexibility of liquid cash savings for future, more profitable opportunities, etc.
They aren't trying to reduce their monthly payments when paying extra. That extra brings down the principal, which brings down the interest.
@@mmmmkay4773 yes. Brings down total interest paid over the life of the loan but if you still have many years to go to pay it off, are you really benefitting by saving 3% (or less) on extra principal pay down or should you keep it in reserves during uncertain times or on the sidelines for better ROI opportunities. I opt for the latter.
@@ThinkBlueAZ good for you. I’d pay the house off. better to have the house paid off when investments tank than to have a house mortgage with tanking investments.
If you save the money and pay it later rather than now, then you defeat the reason for prepayment, i.e., saving on interest on the amortization schedule
This is a rock star team. Thanks for bringing Rich on.
3% mortgage interest rate, 22% credit card interest rate. Really cheap credit. In My country mortgage interest rate is 19% right now.
I would love to have real state in usa or Canada, at 3% to 5% in a 30 years mortgage, I would rent it si the real state Will pay it's Own credit and I would put money in short term low risk instruments in latinamerica (from 8% to 15%). Well, diversification may reduce devaluation risk.
Ove that your talking about crypto, but during all the money printing its just as bad to old USDC. USDC should be used to hold earnings from bitcoin and other alts during a bear market. Or can be used as a non tax vehicle between wallets where you then swap for other tokens.
This was a great discussion covering many important topics, thanks!
Nice. Glad you enjoyed it.
Great points but how will this be effected when Hyperinflation hits and the real estate bubble pops?
I haven't said it man, but I love your channel and content... been watching it some and I just figure I tell you.
Great to hear! Thanks for taking the time to let me know.
So, using a Heloc to pay off your mortgage isn't a good idea? ie., velocity banking..
Looks I never had made 3% return on my retirement, so in my case paying my mortgage early I will be saving money. I am in Canada thing are little different, imagine where a live average price is 450,000 so you renew mortgage every 5 years and I’ll pay around 67,500 of interest in those 5 years. I’ll never make that return, if you have idea where to get that money please let me know. My interest right now is 1.73% and I’ll pay for 5 years 15000, even though I don’t believe that I will get more than that on any return if you think I will please advice
What are you saying? You don’t think you can find more than a 3% return? S&P will give you 10%
@@HappyCleanersWA I’ll check S&P. Thanks
@@adolisfernandez1321 There is no guarantee of 10%. Or 7%, or anything.
Paying down your mortgage is the wisest thing you could do - it's a guaranteed return.
Who is this guest? Rich who??
LOL Garrett, we need to get you new sucker jokes.
I pray in the name of Jesus Christ that my bank accounts will be safe and correct and that God will absolve all my sins and pour his graces and mercies abundantly in all the vital and essential areas of my life. Amen.
Garret if your going to talk about putting your money to work, or being your own bank, you really need to get on guests to discuss De-Fi lending protocols like Blockfi, Nexos, Celsius, where you can earn 10%APR on USDC. As a trader this is where I park my capital. Crypto is life changing...
You can say that again 😅
@@80stunestogo lol this comment did not age well. The whole Ce-Fi sector melted down. But De-Fi is going strong for now!
@@lukedejour yes, we will see how it all plays out!
Why is she there? Does she add anything? Or maybe the dudes should let her speak
Three is a crowd. She was there to represent the viewer. I rarely have two guests anymore.
Cool to see Notch Johnson land on his feet!
I look like notch Johnson?
@@GarrettGundersonTV hah no your guest Jeff struck me as Tim Stack doppelgänger
Thanks for the great advice- I’m waffling on how aggressive to knock down my mortgage.
I like the idea of a family bank.
Us too :)
@@GarrettGundersonTV What is your view on Certificates of deposit? If I had the kind of money say to get one every 4 months at $1,000 each would this be a smart thing to do? Then in 10-15 years I would go into the bank, cash out the ones that can be without penalty, and slap that dough down to pay off the mortgage. What is your opinion on this?
@@jillmondt5398 What do you really earn when you factor in what's lost to inflation?
Not to be judgy but you don’t look like you’re doing well financially. 🤨
Love when someone says...not to be judgy, but I'm going to be anyway. And anyone with a beard and long hair that doesn't wear a suit and tie isn't doing well. All good, can't please everyone. Best wishes on your journey.
The host talks too much, doesn’t let the guest share.
Yes. True. Older video. I have worked on it, but you are correct.
Mr Gerald Martins is a certified broker, I have worked with him for years,anyone who he handles he's or her trade for, i believe is so lucky all you have to do is believe in him and follow his guidance.