EP 225: Navigating the Mortgage Maze: Pay Off or Invest?
Trust the Plan Podcast with Nick Hopwood, CFP® and Jim Pilat, CFP®
English - April 29, 2024 13:40 - 9 minutes - 7.95 MB - ★★★★★ - 8 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Welcome to Trust the Plan, the podcast where we break down financial decisions to help you make informed choices.
In this episode, Nick Hopwood, CFP® and Jim Pilat, CFP® dive into a common dilemma: Should you prioritize paying off your home with a lower interest rate quickly, or invest your dollars in a money market when rates are higher?
Join us as we explore the pros and cons of both strategies. Are you a believer in the peace of mind that comes with owning your home outright? Or are you tempted by the potential returns of investing in a money market account during times of higher interest rates?
Our experts will guide you through the decision-making process, providing insights into factors such as risk tolerance, market conditions, and long-term financial goals. Whether you're a homeowner looking to build equity or an investor seeking maximum returns, this episode will help you weigh your options and trust the plan that's right for you.
Tune in to Trust the Plan and empower yourself to make confident financial decisions.
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Peak Wealth Management is a financial planning and wealth management firm in Plymouth, MI. We believe by providing education and guidance, we inspire our clients to make great decisions so they can Retire With Peace of Mind.
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