Tuesday, May 15, 2007

IF YOU HAD ENOUGH MONEY TO PAY OFF YOUR MORTGAGE RIGHT NOW, WOULD YOU? DOES IT REALLY MAKE SENSE?

Dear Friend,

Many people would. In fact, the 'American Dream' is to own your own home and to own it outright, with no mortgage.

Many people believe they must get the lowest rate mortgage, then start a bi-weekly mortgage plan, and send in additional money whenever possible to eliminate the mortgage as quickly as possible.

But, could it be this is exactly what you should not be doing?

If the American Dream is so wonderful, how can we explain the fact that thousands of financially successful people, who have more than enough money to pay off their mortgage, refuse to do so.

In other words, if you are attempting to pay off your mortgage as quickly as possible, you are doing something that financially successful people do not do.

How Much Money Would You Deposit in the Following Investment Account?

1. The customer can pay more than the minimum monthly contributions, but not less.
2. If the customer attempts to pay less, the financial institution keeps all previous contributions.
3. Each contribution made to the account results in less safety.
4. The money in the account is not liquid.
5. The money in the account earns a 0% rate of return.
6. The customer's income tax liability increases with each contribution.
7. When the plan is fully funded, there is no income paid out.

What is this investment? Most of you probably have this investment and do not even know it when presented in this fashion. Some of you may have guessed already, it is your Home's Equity.

Would you like to know a better way to pay off your home?

Would you like to increase your cash flow?

Would you like to learn why you may never want to pay off your mortgage?


Here is an example...

If you pay cash for a $100,000 home, you are saving yourself from the burden of paying a mortgage at a particular interest rate (let's say 6.5%). By doing this, you lose the opportunity to invest that cash in another investment vehicle. We do have SAFE Investment vehicle for you to that will bring you an 8-12% rate of return tax-free.

How much is the lost opportunity costing you?

Let's look at the real cost of paying off the mortgage and we will keep it to percentages for simplicity.

We will say you are a fairly typical person who lives in Maryland, so you are in the 28% tax bracket.

The cost of the mortgage is actually only 4.68% (6.5% - 28% tax deduction). So, when you look at the real cost of paying cash for a home in this example, you find that it is 3.32%.

Not much when expressed in a percentage, but if we look at the long term and base it on a $100,000 investment, you see that cost (3.32% rate of return over time) will be $270,370.95 over 30 years!

Could you use an extra $270,370.95?

Remember, that is only based on a $100,000 home and the average middle class Maryland home is $400,000 which the cost becomes $1,081,483.82!

Would you be upset if you had an extra $1,081,483.82 when you retired?

We know, you probably do not have the cash to pay for a home outright, so this doesn't work for you.

Well, what if we could show you how to create this type of wealth without changing the way you live right now? Would that interest you?

Since you need to borrow money during the course of your lifetime, doesn't it make sense to borrow the money as inexpensively as possible?

You should avoid high-interest, nondeductible debt such as credit cards, auto loans, and personal loans. Instead choose the better way...

Call 1-718-407-6304 and say Alexander Great send you

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