Borrow on a 30-Year Mortgage and Invest the Difference?
According to a recent Tik Tok video, a smart financial move is to take out a 30-year mortgage on your home instead of a 15-year mortgage and invest the difference. Is this a good investment strategy? Stewart joined Money Tuesday to discuss.
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The following video presentation by The Welch Group, LLC (“Welch”) is intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from Welch or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Welch is neither a law firm nor an accounting firm, and no portion of its services should be construed as legal or accounting advice. A copy of Welch’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at www.welchgroup.com
Posted On: September 14, 2021
Categories:
Investing
Lending
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