Last quote by Patrick Stark
While some people may claim that they can make 8 [percent] to 10 percent in the stock market while the mortgage may cost them only 3 [percent] to 4 percent, tread carefully. While long-term historical averages can be that high, as investors we earn our returns day by day, not in 50-year chunks. The market can stay irrational longer than you can stay solvent.feedback
Jun 22 2017
Patrick Stark has most recently been quoted in an article called Pros and cons of paying off mortgage before retirement. Patrick Stark said, “For those with sufficient assets to weather stock market volatility, using a mortgage to free up assets provides leverage to capture the higher returns that the equity markets have historically provided over the long run.”. Patrick Stark has been quoted a grand total of 3 times in 2 articles.
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Quotes by Patrick Stark
Jun 22 2017
For those with sufficient assets to weather stock market volatility, using a mortgage to free up assets provides leverage to capture the higher returns that the equity markets have historically provided over the long run.feedback
Mar 16 2017
No one knows what future tax rates are going to be. So a strategy that looks great now with today's tax regulations could fall apart 20 years down the road. Having assets in all three buckets provides tremendous flexibility to choose where to withdraw funds to take advantage of whatever tax laws may exist in the future.feedback
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