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SVTPerformance's Chain of Restaurants
Road Side Pub
Liquid Assets and Expensive Car Purchase
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<blockquote data-quote="ricardoa1" data-source="post: 15731143" data-attributes="member: 15854"><p>Show me how a mortgage is completely tax deductible, when you do your taxes show me how much of that interest is coming back, this is misinformation and a way for ppl to hold on to mtgs with the idea you get it back, it’s nominal. Paying off the house allows you to have cash flow I know most ppl are not disciplined enough to stay in a budget but invest the amount of mtg payment, you now freed off and call me in 10 years. You would have been better off. But I understand most ppl need the structural payments and schedule to be in a budget. But having the choice I’m all set turning a 250,000 Ioan into 250,000 in interest at the end of 30 years. Leave leaveraging to invest to sophisticated investors and even they get it wrong during market downturns. </p><p></p><p></p><p>Sent from my iPhone using svtperformance.com</p></blockquote><p></p>
[QUOTE="ricardoa1, post: 15731143, member: 15854"] Show me how a mortgage is completely tax deductible, when you do your taxes show me how much of that interest is coming back, this is misinformation and a way for ppl to hold on to mtgs with the idea you get it back, it’s nominal. Paying off the house allows you to have cash flow I know most ppl are not disciplined enough to stay in a budget but invest the amount of mtg payment, you now freed off and call me in 10 years. You would have been better off. But I understand most ppl need the structural payments and schedule to be in a budget. But having the choice I’m all set turning a 250,000 Ioan into 250,000 in interest at the end of 30 years. Leave leaveraging to invest to sophisticated investors and even they get it wrong during market downturns. Sent from my iPhone using svtperformance.com [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Liquid Assets and Expensive Car Purchase
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