Invest or pay off debt?

InvestOrDebtAs the major rule; consider this – Where can you get the most profit?
In most cases, in these days with very low interest, you will not be able to save more money than your expenses for loans and credit.
Most bank accounts today have zero to none interest on savings, but your loans have an interest of 1% or a couple of percent or higher, and your credit debts could have interest rates up to 20% or more.
If this is the case for you – you should definitely pay of your loans and credits, because that gives you the bigger profit.
However – what if you could get higher interest on savings and investments?

Paying off you loans & credits

Let’s just make a note; that all debt for loans and credits that you have is because you have spent money on your current lifestyle, instead of living more modest and save your earnings.
If you decide to pay off your loans and credits, as a rule of thumb you should always pay off the loans and credits with the highest interest first. Then you pay off the one with the next highest interest etc. However there are exceptions. Check out our recommended method for getting debt free within a limited time period.

Should I pay off my mortgage?

In short – NO!
The longer explaination is this....

There is a lot of people, not the least elderly people, who think you should first and foremost pay off your house mortgage. That is often one of the most important things to the people in their generation.  But it might not be the smartest choise.

Our recommendation is this;
• If you have money to spend, after all your expenses are paid – by all means, pay off your mortgage instead of spending the money.
• If you have money to spend, after all your expenses are paid – if you can invest that money into something that gives a greater return than the interest of the mortgage – invest the money

No matter what you choose, we always come back to two major questions:
• What is important to you? (psychology)
• Where can you get the most profit? (math)


Additional reading

Continue by reading the article about how the government tax you for a profit you never gain  Read More

Read the article about what to consider when thinking of borrowing money to invest Read More

Our Easy Steps To Success

Let’s start creating your financial success today
1. Personal contact When you contact us, interested in investing with our company, we set up a personal meeting. Depending on your location, that could be a one to one face to face, via Skype or any other means of communication. The point being you get a personal contact within our company.
2. Personal solutionAs the next step in the process, we listen to all you questions and provide you with answers on everything you want to know. Then we set up a personal investment solution from your preferences.
3. Investing The third step in the process is the actual investment; setting up contract, transferring money and making out a receipt of the transfer.
4. Follow up You will be able get continuous information on the projects we are investing in, so that you may follow up on your investment. You may also follow our investments, projects and other work via social media.
 

Legal and functional disclaimer

Wesley Enterprises Invest or any other corporation in the Wesley Enterprises Group (hereafter called WEG) is not in the service of giving legal or financial advice.  Any information presented on this web site or any other source of information from WEG, is provided "as is" only for informational and educational purposes.  The information provided is not, and cannot ever be, intended either as financial investment advice or legal advice.

The reader (hereafter called Reader) is hereby aprised that the Reader need to conduct his or her own due dilligence before acting, and shall not act soley on the information here provided. The Reader is also hereby reminded that all and every kind of investing can be a risky enterprise, which can result in capital loss, as well as capital gain.

Any individual who choose to act upon the information provided should always seek independent advice from professional advisors.

Copyright 2017 Wesley Enerprises Invest Ltd. This publication is protected under copyright laws. All rights reserved. Reader may not sell the information.

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