Chapter
Reasons for choosing interest-only mortgages for investment purposes
1:09:41 - 1:13:04 (03:23)
An investment strategy that focuses on businesses rather than putting all of your net worth into a single investment like a house. Interest-only mortgages can provide flexibility and enable one to keep their personal investments diversified.
Clips
The speaker prefers interest-only mortgages as businesses can exponentially grow their revenue using creativity, unlike investing in apartment buildings.
1:09:41 - 1:10:57 (01:16)
Summary
The speaker prefers interest-only mortgages as businesses can exponentially grow their revenue using creativity, unlike investing in apartment buildings. While he acknowledges the possibility of interest rates going back down to 2%, he opts for the safe route to avoid sleepless nights if rates go up to 8% or 10%.
ChapterReasons for choosing interest-only mortgages for investment purposes
EpisodeAsking Billionaire Investor - Andrew Wilkinson - How To Prepare For The Economic Collapse
PodcastMy First Million
The podcast hosts discuss why renting your home is a better long-term investment than buying a house.
1:10:57 - 1:11:42 (00:44)
Summary
The podcast hosts discuss why renting your home is a better long-term investment than buying a house. They argue that owning a home with little yield is a liability and that choosing a dream home may not always be the best financial decision.
ChapterReasons for choosing interest-only mortgages for investment purposes
EpisodeAsking Billionaire Investor - Andrew Wilkinson - How To Prepare For The Economic Collapse
PodcastMy First Million
In this podcast, the speaker suggests that people who are not investors can buy a house, but for investors, renting a house and putting money into equities and businesses is a more reasonable investment choice.
1:11:42 - 1:13:04 (01:22)
Summary
In this podcast, the speaker suggests that people who are not investors can buy a house, but for investors, renting a house and putting money into equities and businesses is a more reasonable investment choice.