It is a fact that real estate owners have a higher net worth than renters. This has not only to do with home owners paying down their mortgage. To get the same effect renters could just save and invest right? No. In practice that doesn’t happen. The reason is inflation.
Most of the people I know who own their homes, have a mortgage. Some of them, such as my colleague, are trying to repay their mortgage as fast as possible. Today I’m going to discuss an alternative to paying off the mortgage by showing you how you could live for free by investing in bonds. … Read moreLive for Free by Investing in Bonds