Should You Invest or Pay Off Debt First?

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Imagine two people with the same mortgage rate, both with spare cash, both asking the same question: should I pay down the mortgage, or invest the money? You might think they should get the same answer. They don't. The usual way of comparing debt with investing leaves out things that matter, and the rate is only part of the story. In this video we reduce the whole decision to five questions that work for a mortgage, a car loan or a credit card, wherever you live. I also run them on my own mortgage, so you can see how they work in practice.


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Timestamps
00:00 Introduction
00:35 Why The Rule Fails
00:59 Question One Debt Return
01:54 Question Two After Tax
02:53 Question Three Certainty
04:38 Question Four Access
05:16 Question Five Behaviour
06:39 Putting It Together
08:39 Same Rate Different Lives
09:35 What Overpaying Changes
10:40 My Mortgage Example
11:41 Five Question Wrap Up

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Take A Look At Some Of My Other Videos
📹 Investment For Beginners playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TcG9QNlRJ_QjI8iX_q_I8jo
📹 Investing For Retirement playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TcWFuRd51gkPyAGleZRvGcN
📹 Investing With Vanguard playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TfMV4S_51E_zmbMio4UNBtM
📹 Portfolio Building Blocks playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TdRdp-hLnL5oxsaRjJZVSyn
📹 Bonds & Money Market Funds playlist https://www.youtube.com/playlist?list=PLlqeAQqQK7TfsDjD20MjQ50-YjDuKGiM7
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DISCLAIMER
All information is given for educational purposes and is not financial advice. Ramin does not provide recommendations and is not responsible for investment actions taken by viewers. Figures that are quoted refer to the past and past performance is not a reliable indicator of future results.

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