Top five reasons to use the Float My Mortgage method: 5) Fight inflation. Inflation reduces the purchasing power of your money over time. As long there as is positive inflation $1000 today is worth more than $1000 next year. The Float My Mortgage method pays your mortgage payments now today with other peoples money, but […]…
Inflation reduces the purchasing power of your money over time. As long there as is positive inflation $1000 today is worth more than $1000 next year. Monetary inflation is defined as an increase in the money supply and its effects are usually seen in rising raw material and consumer prices. Whatever the actual cause, if […]…
Should I pay down my mortgage or invest ? Traditional advice is that you must invest or pay down. However what if you could do both? Wouldn’t it be great if you could find a way to pay your mortgage today with someone else’s money but still have the same mortage payment money available to […]…
Here is the typical mortgage financial advice to accelerate your mortgage. This involves reducing your lifetime mortgage interest paid by paying off your loan sooner. Do one of the following options: 1) Refinance to a lower rate (can cost several thousand dollars to refinance) 2) Make bi-weekly mortgage payments (basically make one extra mortgage payment […]…
Paying your mortgage payments every month, loses you investment opportunity. The money you have to pay to your mortgage provider is a sunk cost that you cant get back every month. That money is gone and you can’t invest it in other things. This is the “Investment Opportunity Cost” because you have to pay your […]…