We are sometimes asked whether it is smarter to invest extra money in the stock market rather than focus on reducing a mortgage balance.
The harsh reality of the last decade have shown that the stock market is not a guaranteed vehicle for 8-10% returns. If you take the low from the Dow Jones post 9/11/01 to the high of Oct 2007, the stock market only gained 25%, never mind the 40% drop in the last year and counting. The events of the last several years have further illustrated that choosing to not pay off a debtbut invest the money instead is a collossal mistake.
Most importantly, the Corbin Marcus & Co. mortgage acceleration strategy does not require the use of extra monies to reduce the mortgage. You are using the same money that you would normally pay each and every month, without requiring large additional benefits.
