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- Paying Off Your House Early is a Mistake (According to the MATH)
Paying Off Your House Early is a Mistake (According to the MATH)
Summary
In this video, Sean Pan argues that paying off a mortgage early may not be the best use of your funds, as it ties up money in "equity jail." Instead, he suggests considering the potential for investment opportunities to generate higher returns, particularly if the mortgage interest rate is low. Investing in something that yields more than your mortgage interest rate can lead to significant wealth growth due to compounding.
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