Originally posted by: Budmantom
The only guaranteed "investment" is my 6% mortgage.
Tom
Originally posted by: Pliablemoose
The author is also assuming that if you do this, you'll invest the extra $ or pay off high interest CC debit.
Most consumers do neither and wouldn't.
Originally posted by: iversonyin
Originally posted by: Budmantom
The only guaranteed "investment" is my 6% mortgage.
Tom
The house you living in is an investment?![]()
There is no guarantee in the housing market.Originally posted by: Engineer
Originally posted by: iversonyin
Originally posted by: Budmantom
The only guaranteed "investment" is my 6% mortgage.
Tom
The house you living in is an investment?![]()
If you're not paying it anymore, you're guaranteed to save 6%.
Originally posted by: SampSon
There is no guarantee in the housing market.Originally posted by: Engineer
Originally posted by: iversonyin
Originally posted by: Budmantom
The only guaranteed "investment" is my 6% mortgage.
Tom
The house you living in is an investment?![]()
If you're not paying it anymore, you're guaranteed to save 6%.
Originally posted by: ironwing
On traditional IRAs vs Roth IRAs: Your expection concerning what future Congresses might do has to be factored in. I find it implausible that future politicians won't tax Roth IRAs.
Originally posted by: CrimsonChaos
Originally posted by: markgm
blah blah blah.Originally posted by: dxkj
blah blah blahOriginally posted by: markgm
blah blah blah
Yes, it's true they are both eventually taxed. However, if you are investing with pre-taxed dollars, then you are basically using more money that will compound interest over time.
Example, let's say you can afford to invest $100/mo post-tax. That means you should be able to afford about $125/mo pre-tax (rough estimate). Obviously this gives you more investment power, and will return more interest on a compounding basis.
Originally posted by: rh71
You missed his point about rising salaries while your interest remains the same.Originally posted by: Pliablemoose
The author is also assuming that if you do this, you'll invest the extra $ or pay off high interest CC debit.
Most consumers do neither and wouldn't.