 | | Why You Should Not Pay Off Your Mortgage | | Andy Snyder, Founder, Manward Press |  417-3!
Is This the Most Cowardly Vote in Congressional History?? Click Here to See What Our Representatives Did. | | | Editor's Note: Today we're excited to welcome our good friend Andy Snyder - former Oxford Club Editorial Director and the founder of Manward Press - to Wealthy Retirement.
He has a simple - yet controversial - message that could quickly change your financial outlook for the better... in just a few steps.
He's on a mission to help others rise above mediocrity and achieve true wealth.
That's why he's just gone public with his award-winning trading strategy that has racked up a slew of triple-digit gains already in 2020.
Find out what he's up to here.
- Mable Buchanan, Assistant Managing Editor
Pay off your mortgage. Rid yourself of that debt. It's a mantra that's burned into the psyche of the American investor.
But it's wrong.
The idea is bound to stir controversy, so let me explain.
If riches are what you're after, here's a critical piece of Know-How. It's the simplest and most important rule in investing. | | | Put your money where it works hardest for you.
In other words, if you can gain 4% with one asset and 8% with an equally risky asset... go with the higher payout.
It sounds like common sense, right?
If so, why are so many mainstream investment gurus begging folks to pay down their mortgages?
It's lousy advice.
Here's the problem. Paying off your mortgage is not necessarily bad. It's just that it should be at the bottom of the priority list for many investors, especially active investors who are looking for something more than just security.
If you're looking for true, life-altering wealth, your mortgage - and the leverage it provides - is actually one of your most important financial tools. | | | March 18, 2020: The Day You Get Rich?
Our research shows something peculiar could happen in just a few weeks.
For some folks, it could lead to gains of 1,000% or more in the long run. Others could see their fortunes cut in half.
Click here to see how you can set yourself up to profit. | | | Worthless Wealth
It's the idea of building equity that trips up so many investors.
It's a natural desire to want to use our excess money to pay down our mortgage principal and build equity.
But the truth is you're wasting an opportunity to put that money into an asset with much higher appreciation potential and, this is the important part, much more liquidity...
Instead of putting an extra hundred dollars toward your mortgage each month, you should use that cash to maximize your 401(k) and, hopefully, get a healthy employer match.
Or you could put it in an IRA and take advantage of the long-term appreciation of stocks or bonds. Or you could use the extra cash to buy a rental property and really start building a leveraged income stream.
Put simply, the cash you use to pay down your mortgage can very likely work much harder for you somewhere else.
Points Worth Pondering
Here are the three main reasons you're better off not paying down your mortgage.
- Home equity is highly illiquid. Sure, it feels great to cut out that monthly mortgage payment, but your equity is doing virtually nothing for you. It's like depositing money into an account that doesn't pay interest and that you don't have access to.
Remember, you can't tap that money until you sell your house or take out a loan - both will cost you money. - The value of your home will rise (or fall) regardless of your mortgage. The equity in your home does little to build any real wealth.
No, it's the long-term appreciation of your property that makes home ownership worth the hassle.
But what most folks don't realize is that no matter how much you owe, your home's value will rise and fall at the same pace. The appreciation potential of your home doesn't change if you pay off your mortgage.
For example, if you have $200,000 worth of equity and the value of your home rises by $20,000, your return on equity is 10%. But if you have just $50,000 in equity (and are putting your cash to better use elsewhere), the same appreciation would boost your return on equity to 40%. - Don't forget about inflation. Over the course of a 30-year mortgage, even today's low inflation rates will take a bite out of your monthly payments. Right now, the spread between mortgage rates and inflation is barely more than 2% - a historically low figure.
As inflation rises over the next decade, that figure means today's mortgage provides some of the cheapest money you can find. I haven't always needed to shout quite so loud about not paying down your mortgage. But with the Fed working to bring rates back to "normal" levels, the effects of chasing home equity have been magnified.
For the majority of active investors, it doesn't make sense to be in a rush to pay down mortgages. In fact, in many cases, it's downright crazy - the result of emotional investing.
Put that money to work somewhere else.
That's why I've been urging my readers to take a good look at a fresh way of making money... one that could have put a 402% profit in your pockets in just 35 days (try that with your mortgage!).
And it's also why I've recently recorded a full-on master class that goes into much more detail about my award-winning trading strategy... including the how-to behind it all.
Get all the details here.
Good investing,
Andy | | | | | | Doesn't Matter Whether It's 1G or 5G - People Will ALWAYS Get Rich
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When 2G came out, Nokia skyrocketed 4,748%, and Qualcomm flew up 7,705%.
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And when 4G rolled out, Broadcom went up 2,155%, and Crown Castle leaped 13,435%.
5G is mere weeks away from becoming a reality.
This is YOUR chance to get rich. | | | | - More From Wealthy Retirement - | | | | | | | | |  Bill O'Reilly's Secret Source of Wealth
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The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. 
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