You forgot to subtract the extra interest you will pay on a 30 year term mortgage from the 1.4 million you earned on your 30 year investment with a 8% return. I'll bet you're not much more, and there is no guarantee you get a average 8% return over 30 years
Yea that's another way to look at it with the interest savings. I tried to keep it simple with just looking at the total investment account after each option. I 100% agree with the 8% not being guaranteed. I mentioned that in the video and that's part of the reason I am using a hybrid option of investing and paying off debt concurrently. Thanks for watching bro!
Exactly what I was looking for. Amazing video! Thanks. Just subscribed
Glad it was helpful! Thanks for the support!
I heard this but it is nice to see the numbers!
Thanks for watching and glad it helped to see the numbers!
You forgot to subtract the extra interest you will pay on a 30 year term mortgage from the 1.4 million you earned on your 30 year investment with a 8% return.
I'll bet you're not much more, and there is no guarantee you get a average 8% return over 30 years
Yea that's another way to look at it with the interest savings. I tried to keep it simple with just looking at the total investment account after each option.
I 100% agree with the 8% not being guaranteed. I mentioned that in the video and that's part of the reason I am using a hybrid option of investing and paying off debt concurrently. Thanks for watching bro!