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Capital gains taxes can eat over 20% of
Capital gains taxes can eat over 20% of your investment gains each year.Looking at the investments outlined above the $124,000 that becomes $580,000 after 10 years, grows to only $434,000 after yearly taxation. This article may be freely distributed so long as the copyright, author’s information and an active link (where possible) are included. Oh yeah!Meanwhile what is happening with your home? Time is always on your side when investing.One aspect we have not looked at is taxation. It has almost always returned more than the interest rate for an average home.If you are making 20% while paying [...] Invest Your Home in the Stock Market Is this more than your bank savings account or CDs are paying? Or keep paying that 8% mortgage and earning the 17% on your investments.Is this guaranteed? An interest only mortgage could cut your monthly payment by up to a third.If you can free up or reallocate just $500 a month for investing at the same 17%, after 10 years your investments will have grown to over $140,000. If you do nothing, 10 years from now you could still have 10 years to pay on your mortgage and your home would be valued at almost $400,000. But is it possible? You can easily pay off your remaining mortgage amount of $180,000 and still have a nice nest-egg to retire on. Playa Del Rey condos
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