Should You Pay Off Your Mortgage Early - Mark Trautman | MHFI 261

Doug and Mark Trautman discuss a listener question regarding whether it’s better to pay off a low-interest mortgage (2.5%) or invest the money instead.  They explore various strategies, including the psychological benefits of paying off a mortgage, the financial returns of investing, and a hybrid approach to manage risks.  They also delve into the historical behavior of the stock market and emphasize the importance of aligning investments with personal goals. Follow the link for more details including the original listener question and Doug’s Gemini Calculations: https://milehighfi.com/should-you-pay-off-your-mortgage-early/ Do you like the podcast and want to support the show?  Follow the link to find out how: https://milehighfi.com/support/ Links Connect with Mark: Mark’s Money Mind website Mark’s Money Mind podcast Mark discusses his 1st purchase of Berkshire Hathaway stock MHFI Facebook group Doug’s site Producer Chris’s blog, Epic Financial Journey — Join the Mile High FI Club – It’s the email list! Get MHFi Merch – It helps support the show. Get t-shirts & more **Disclaimer: The podcast is for informational purposes. Maybe entertainment but we won’t even make such a claim. You shouldn’t take the info as financial, legal, or tax advice. We aren’t certified financial planners or advisors. We’re not qualified for much. So get advice from professionals.** Brought To You By: The Doug Show, aka Affiliate Marketing & Side Hustles Email the show: [email protected] 0:00 Introduction 2:02 Laying out the financial details 8:14 Mark’s approach – The money tree 13:57 Downsides of Mark’s strategy 18:37 Doug’s approach & Gemini calculations 24:42 Eliminating downside & lowering uncertainty 31:14 Market volatility & historical context 38:23 Not always about maximizing returns 44:54 Soundcheck – Cleaning