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Fantastic Investment Pays Huge Return
There's definitely no lack of investment advice. In addition to financial planners, there's no shortage of information about how to invest money and with which brokerage firm. Everywhere you look, TV, web, and print, the talk is about money and investing. What's your favorite investment: stocks? Bonds? Mutual funds? How about futures; you know, pork bellies, gold, frozen concentrated orange juice? Perhaps you've seen commercials that tout "the excitement of Forex trading", where you are lured by prospect of speculating in foreign currencies. Besides brokerage firms, even banks provide investment accounts. It's likely that the bank where you got your mortgage is one of them. Remember, this article concerns saving for the long term - as in retirement. Retirement accounts have the benefit of being tax deferred. In other words, you pay no tax based on the funds you contribute to the account, and also no tax on on the account's earnings. The only time tax is paid is when you withdraw funds. To many, this seems like a great deal since they won't be withdrawing from the account until they retire, and at that point they'll be in a lower tax bracket. It all sounds great, and it fits in with most people's idea of the American Dream. It's not unexpected that you may agree with this logic. The hitch is, it's false! In spite of the recommedations exhorting you to invest for the future, doing so may be the biggest mistake you will ever make. In fact, following this course may curtail your retirement - perhaps forever. First, those who sell investment "products" do so to make money. Secondly, they are spending lots of money to assure you that you should save for the future and to start early. They don't disclose that if you're a homeowner with a high mortgage, you're mortgage will cost you far more in interest than the meager earnings of a retirement account. For instance, it will cost a homeowner having a $250K, 6% mortgage $15,000 in interest the first year alone. What will your IRA earn? Well, if you contribute $2,000, and your account earns 8% (a high number by today's standards) your first year earnings will be a whopping $120. But what if you use mortgage acceleration as an investment. This is similar to investing in other investments, except the investment is your mortgage note. That investment is used to pay down your mortgage instead. In 4 years, your IRA will earn $1,730. But what if you pay the tax on the $2,000 each year and use those funds (about $1,600) to pay off your mortgage? You will have reduced the balance by $6,400. It's really more, since the reduced principal each year causes more of your monthly check to reduce it further. Here's the result: after only four years, the accerated reduced balance saves $30,000 of interest payments. $30,000! Compare that to the $1,730 the IRA earns. The results aren't even close. And since interest saved = interest earned, you will have earned yourself $30,000 tax free! You'll also have cut the time to pay off your mortgage by years. That's why investment companies can't offer anything with as great a return. Investing in mortgage acceleration is the better choice for homeowners than any investment. Find out how you can use this amazing investment system. Article Directory: http://www.articledashboard.com The absolute most profitable investment is not anything you'll find on Wall Street. Would you be satisfied with a 5% return when you could get 500% ? Find out HERE |
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