THE GREAT MORTGAGE MYTH
Are you one of the millions of Americans that
have some sort of fixed mortgage (30-Year or 15-Year) and who is
planning to pay it off before you retire? Does the equity in
your house give you a warm, fuzzy feeling of security? Have you
ever wondered why 75% of all registered millionaires in the US
have substantial mortgages on their properties? Could there be
a reason why Alan Greenspan, the interest rate guru, doesn't
have a fixed mortgage on his house? What
might these people know that the vast majority of Americans don't? If
you take the time to browse around this website, you will learn how the rich became wealthy
by taking the equity out of their house and why one of the
biggest mistakes average Americans make is to plan to pay off
their mortgage. With some plain old common sense and a little
fourth grade math, we will show you that a foolproof way to create
substantial wealth is not to pay down your mortgage but to
leverage it instead. Your mortgage is
probably the biggest and most expensive financial product that
you have. It is more likely than not also your biggest single expense
each month. It just makes sense to be completely educated on how
your mortgage works, the different options that are available to
you and how, when used intelligently, it can be the basis of
substantial wealth creation for you and your family. After all,
if the wealthy seem to carry big loans on their houses, could
that be a reason why they became wealthy?
What you are about to learn, if implemented,
could change your financial life
forever. It is not rocket science. It is a simple understanding
of how money works and how it should be working for you. Some of
the wealthiest organizations in the world are banks. They create
their wealth by taking money from consumers in the form of CD's
and paying them 1-3% and then lending it back to others in the form
of personal loans and credit card debt at interest rates ranging
from 12-24%. They are using other people's money (OPM) to make
money. They may be using your money.
Leveraging other people's money is often how true wealth is
created and it is one of the principles that forms the basis of
what we will teach you on this website. Learn more about these
money making concepts at one of our
free seminars.
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