Download
Skip this Video
Create Presentation
Download Presentation
1 / 20
A Tale of Two Brothers
447 Views
Download Presentation
A Tale of Two Brothers. Our story follows two brothers, each earning $150,000 a year.They each have a $100,000 in savings and both are buying a $500,000 home.. 15-year mortgage at 5.875% APR$100,000 big down payment (20%)$0 left to invest$3,348 monthly payment (57% is tax deductible first year/33% average)$2,983 average monthly net after-tax cost
Uploaded on
Download Presentation
A Tale of Two Brothers
- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
-
of 5
Presentation Transcript
1. A Tale of Two Brothers Adapted from the book, “The New Rules of Money”
by Ric Edelman
2. A Tale of Two Brothers
3. A Tale of Two Brothers
4. A Tale of Two Brothers
5. Brother’s Net Worth
6. Incorporating Home Ownership into Your Financial Plan
7. Book Excerpts
8. Which is More Prudent?
9. Article
10. Many Americans Believe the Following to be True: Your home equity is a prudent investment
Extra principle payments on your mortgage saves you money
Mortgage interest should be eliminated as soon as possible
Substantial equity in your home enhances your net worth
Home equity has a rate of return
11. Book Excerpts
12. Article
13. Article
14. Article
15. 3 Key Elements of a Prudent Investment
18. Truth About Extra Principle Payments
19. Truth About Equity
20. What’s Next?