Mortgages: Part 3
Hosts: John and David Thompson
Full Podcast here: https://smplmoney.podbean.com/e/mortgages-part-3/
Episode Summary: In this final installment of the Mortgages series, John and David continue discussing Ric Edelman’s reasons for carrying a big, long mortgage. They cover reasons 8 through 11, focusing on how mortgages can provide greater liquidity, flexibility, and help build long-term wealth. They also dive into the bonus reason that you're never really "done" paying for housing, whether it’s through a mortgage or other living expenses.
What You'll Learn: Reason 8 & 9: Mortgages allow you to invest more money and do it more quickly, leading to potential wealth-building opportunities. Reason 10: A mortgage gives you greater liquidity and flexibility, allowing you to keep more cash on hand for emergencies or investments. Bonus Reason (11): You will always have housing costs, whether it’s through a mortgage or rent, so it's beneficial to leverage a mortgage strategically for long-term wealth.
Resources Mentioned: Ric Edelman’s 10 Reasons to Carry a Big Long Mortgage https://www.edelmanfinancialengines.com
Connect with Us: Reach out to John and David with your questions or feedback. SMPL Mortgage https://smplmortgage.com/contact-us/ Follow us on social media for updates and more insights. @smplmortgage
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