Neil Patel

That should be the last thing because you'll make more money just keeping your money in a bank account if you want no risk.

High yield account, sure.

Then you would from paying off your home.

Or you make more money if you're just willing to put in the S&P 500 and just hold it for five, 10 years.

Not a year, not two years because things can go down.

But, you know, and I'm not saying I'm guaranteeing this.

I just want to give that asterisk.

But typically, if you look at history, education, the S&P produces better returns than S&P.

Two percent.

If you just look at historically, you're better off putting your money in there from a historical standpoint than paying off cheap debt.

And I don't know why a lot of people want to be debt free and they believe that's freedom and they're trying to pay off really cheap debt.

And that's like one of the worst things you can do financially.

Even me, I have a mortgage, believe it or not.

Because I get really killer deals on mortgages.

Like my mortgage, did you know there's banks that have programs?

I use CABC.

I can change my mortgage rate anytime I want by just calling them for $1,500.

They will change the rate to whatever new market rate is, and they're aggressive on rates, right?

But it could be more on their private banking side that they do that.

Home.