1758: When to Prepay Your Mortgage Instead of Investing by Chris of Keep Thrifty on Debt Repayment vs Investing
Optimal Finance Daily - Financial Independence and Money Advice
00:00
Pre Payvs Investing
If the next 54 months of the stock market behaves like one of the other 54 month periods in history, what are my possible outcomes? How likely am i to be better off investing versus pre paying? Interpreting the results based on playing out the scenarios. I end it up with a pretty fancy chart. The x axis shows the different possible outcomes if i invest. If the number is positive, that means investing was the better call by that amount. And here's the big one, investing was better than pre paying in 76 point six % of the scenarios. You can probably guess by the fact that i haven't changed the title to this post that i'm sticking to my guns on pre
Play episode from 04:24
Transcript
