We have a great lineup of your social media questions. We have received so many positive comments about these episodes. If you have a question for us please email to podcast@rocklandusa.com
We begin with a little financial talk on what the Island Boys should be doing with their new-found fame money before the flame runs out. We then get into your questions and comments!
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QUESTION 1
Why would anyone capable of paying a 15 year mortgage not choose a 30 year and invest the difference in payments into an index fund? The 30 year plus investment way gives a better net worth, or am i missing something?
QUESTION 2
Please advise. 401k versus 401k Roth. My work is adding the Roth option and we have only had the regular 401k up until now. Trying to decide how much to contribute and to both or just one?
QUESTION 3
With a good broker what is the rate of return on $1 million? (aka how to become a millionaire)
QUESTION 4
Planning to buy a home to live in for 2-5 years. Any advantage of doing a 15yr morgtage over a 30yr with such a short hold period?
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